Meaning CREDIT UNION: A not-for-profit institution that is operated as a cooperative and offers financial services such as low-interest loans, to its members
More terms such as Credit union in Dictionary C.
- Definition Continuous Compounding:
- Examples accumulating the time value of money forward in time on a continuous, or instantaneous, basis. Interest is earned constantly, and at each instant, the interest that accrues immediately begins earning credit union definition.
- Definition Crawling Peg:
- Examples for revising the exchange rate. It involves establishing a par value around which the rate can vary up to a given percent. The par value is revised regularly according to a formula determined by the credit union explain.
- Definition Coinsurance Effect:
- Examples Refers to the fact that the merger of two firms lessens the probability of default on either firm's debt credit union what is.
- Definition Cost Basis:
- Examples The original price of an asset, used to determine capital gains credit union meaning.
- Definition Capital:
- Examples Money invested in a firm credit union abbreviation.
