constant
(redirected from Constant term)

Also found in: Dictionary/thesaurus, Medical, Legal, Encyclopedia, Wikipedia

0.03 sec.

constant

The annual payment required to pay the principal and interest due on a $1 loan for a specified repayment term at a specified interest rate.Before the widespread availability of computers and extremely affordable financial calculators,it was common to use mortgage constant tables to calculate monthly payments. One would refer to the table for the proper loan term, such as 30 years, and then within that table find the loan constant for the anticipated interest rate. See the following example. The constant is the monthly payment on $1. To find out your own monthly payment, you multiply the constant by the number of dollars in your loan, and the answer is what your monthly payments would be.

Want to thank TFD for its existence? Tell a friend about us, add a link to this page, add the site to iGoogle, or visit the webmaster's page for free fun content.

?Page tools

Printer friendly
Cite / link

Feedback
Add definition

Mentioned in	?		References in periodicals archive	?		Financial browser	?		Full browser	?
annual mortgage constant Black Scholes Model C-Share Compound Annual Return Constant Currencies Constant Dollar Constant dollar accounting Constant Dollar Plan Constant Dollars Constant Maturity Constant Ratio Plan Constant Yield Method CPPI Current Rate Method debt service constant Dividend growth model Dolares constantes Dollar Cost Averaging Dollari constanti			The bias-free effects are estimated using the constant term and change in the t-bill rate in t-1. The New Keynesian Phillips Curve and lagged inflation: a case of ... by Hall, Stephen G.; Hondroyiannis, George; Swamy, P.A.V.B.; Tavlas, G.S. / Southern Economic Journal The financial sector plays a key role in the local economy by virtue of making up about a quarter of gross domestic product (GDP) in constant terms. Saudi move backed by might by Gulf News (United Arab Emirates) Moreover, if delta hedging errors reflect only foreign exchange volatility risk, the constant term [[alpha]. Foreign exchange volatility is priced in equities by Guo, Hui; Neely, Christopher J.; Higbee, Jason / Financial Management			Consolidated Mortgage Consolidated Mortgage Bond Consolidated Quotation System Consolidated Tape Consolidated Tax Return consolidation Consolidation de la dette consolidation loan Consolidation Service Consorcio Consorcio asegurador de emisiones Consorcio colocador Consortium Consortium Bank Consortium Banks constant Constant Currencies Constant Dollar Constant dollar accounting Constant Dollar Plan Constant Dollars Constant Maturity Constant Maturity Swap Constant Proportion Portfolio Insurance Constant Ratio Plan Constant term Constant Yield Method Constant-Dollar Plan Constant-growth model Construccion de carteras constructed wetlands construction allowance construction contract Construction Financing construction loan construction to permanent loan Constructive Dividend constructive eviction constructive fraud Constructive Insider constructive notice constructive possession constructive receipt Constructive Sale Rule Consu Consular Invoice Consulenza Consumatore Consumed-Income Tax Consumer Advisory Council Consumer Class			Constant Source Constant Source of Disappointment Constant Source Operator's Terminal Constant Source Receive System Constant Source Receiver Suite Constant Special Item ID List Constant Speed Drive Constant Speed Drive Starter Constant Speed Integrated Drive Generator Constant Speed Motor Constant speed propeller Constant speed propeller Constant Spreading Factor Constant State Of Flux Constant Stress Accelerated Life Test Constant sum Constant sum game Constant Sum Region Constant Surveillance Service Constant Tangential/Linear Normal Constant Taper System Constant Temperature Ambient Heat Constant Temperature Anemometry Constant Tensile Load Joint Test Constant Tension Center Wind Constant term Constant Threshold Predictor Constant Thrust on Takeoff Constant Time Delay Constant Time Gap Constant Torque Speed Range constant touch Constant Troyon Constant Unit Service Constant Velocity Constant Velocity Drive Constant Velocity Expansion Chamber constant velocity joint constant velocity joint Constant Velocity Target Constant Velocity/Constant Acceleration Constant visual observation Constant Voltage Constant Voltage Constant Frequency Constant Voltage Source Constant Voltage Transformer Constant Volume Air Handling Unit Constant Volume Balloon Constant Volume Box Constant Volume Combustion Apparatus Constant Volume Gas Thermometer

Financial Dictionary

Free Tools:	For surfers: Free toolbar & extensions \| Word of the Day \| Help For webmasters: Free content \| Linking \| Lookup box \| Double-click lookup

Disclaimer
All content on this website, including dictionary, thesaurus, literature, geography, and other reference data is for informational purposes only. This information should not be considered complete, up to date, and is not intended to be used in place of a visit, consultation, or advice of a legal, medical, or any other professional.

constant (redirected from Constant term)

constant
(redirected from Constant term)