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constant
(redirected from Constants)

    Also found in: Dictionary/thesaurus, Medical, Legal, Encyclopedia, Wikipedia, Hutchinson 0.04 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.



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A few years ago, observations of distant quasars rocked the scientific community by indicating that one of the constants of nature--the strength of the electromagnetic force--hasn't been constant throughout the universe's history.
Fundamental constant didn't vary after all by Weiss, Peter Ulrich / Science News
The numbers published in the tables were obtained from the 1998 CODATA least-squares adjustment of their values carried out in the Fundamental Constants Data Center at NIST in 1999.
Buyers guide features NIST Data product. (General Developments) by Journal of Research of the National Institute of Standards and Technology
5 and 6) assumed that tire deformation is a linear addition of equation 4 and equation 5, and proposed equation 6 to predict the total tire energy loss where A, B and C are empirically determined constants.
Flexometer predicts heat generation by Mouri, Hiroshi / Rubber World
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