CUT-OFF YIELD Definition

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CUT-OFF YIELD, in securities, is the yield at which or below which the bids are accepted.

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HOME EQUITY LOAN is a type of loan in which the borrower uses the equity in their home as collateral. These loans are sometimes useful to help finance a business, major home repairs, medical bills or college education.

CONSULAR DECLARATION is a formal statement to the consul of a foreign country declaring the merchandise to be shipped.

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