Repudiation Definition

Repudiation Definition

What Is Repudiation? Repudiation involves disputing the validity of a contract and refusing to honor its terms. In investing, repudiation is most relevant in fixed income securities, particularly sovereign debt. Fixed income instruments are fundamentally contracts where the borrower lends a certain amount of principal in return for payments of interest and principal on a

Repurposing

Repurposing

What Is Repurposing? Repurposing is the use of something for a purpose other than its original intended use. Repurposing an item can be done by modifying it to fit a new use, or by using the item as is in a new way. The practice is not limited to physical items. It’s common to repurpose marketing

Required Cash Definition

Required Cash Definition

What Is Required Cash? Required cash is the total amount of funds that a buyer must deliver to close on a mortgage or to finalize a refinance of an existing property. The delivery of the required cash amount typically takes place at a title company or escrow office and will vary by state location and sale type. During closing, the participants will

Required Minimum Distribution (RMD): Definition and Calculation

Required Minimum Distribution (RMD): Definition and Calculation

What Is a Required Minimum Distribution (RMD)? A required minimum distribution (RMD) is the amount of money that must be withdrawn from an employer-sponsored retirement plan, traditional IRA, SEP, or SIMPLE individual retirement account (IRA) by owners and qualified retirement plan participants of retirement age. In 2023, the age at which you must begin taking RMDs

Required Yield Definition

Required Yield Definition

What Is Required Yield? Required yield is the required rate of return that a fixed-income investment must provide in order for that investment to be worthwhile. The required yield is determined by the market and it sets the precedent for how current bond issues will be priced. For example, if prevailing market interest rates are