ASSESSED VALUE is the estimated value of property used for tax purposes.
JOINT VENTURE is a venture by a partnership or conglomerate designed to share risk or expertise. See also VENTURE.
STRIPS, in securities, is dividing a Treasury bond or mortgage-backed security into its principal and interest payments and selling the claims to these payments as new and separate securities. The principal portion is called a principal only (PO) security, and the interest portion is called an interest only (IO) security
Enter a term, then click the entry you would like to view.