IMAD Definition

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IMAD, dependent upon usage, is Input Messaging Accountability Data: A time stamp that is assigned to a Fedwire message when it is processed by the Federal Reserve Bank Funds Transfer application; or, Information Management Assimilation & Delivery; or, Industrial Management and Distribution System.

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STRIPPED YIELD is the annual dollar dividend of a pre­ferred stock divided by its stripped price.

SPENDING LEVEL is the true expenditure or cash outlay of any entity in a given category or budgetary area.

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