FOOT A COLUMN Definition

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FOOT A COLUMN is to add a column of numbers.  To test footing is to add the column again to check accuracy.

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DELINQUENCY RATIO is the ratio of past-due loans to total number of loans serviced.

OFFICIAL INTEREST RATE, normally, is the rate of interest charged by the government or traders within the money market, e.g., federal funds rate and bank repurchase agreement (repo rate).

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