What Is a Fixed-Rate Certificate of Deposit (CD)? A fixed-rate certificate of deposit (CD) is an investment instrument that has a set interest rate over its entire term. CDs generally offer terms in increments of three months up to one year and then switch to two-, three-, and five-year terms. The longer the term of
What Is a Fixed-Rate Payment? A fixed-rate payment is an installment loan with an interest rate that cannot be changed during the life of the loan. The payment amount also will remain the same, though the proportions that go toward paying off the interest and paying off the principal will vary. A fixed-rate payment is
What Are Fixing-up Expenses? Fixing-up expenses are any repair-related expenditures an individual has incurred during the process of preparing their home for sale, such as replacing broken windows or painting. This type of expense is different from capital improvements, which increase the value of a home, such as the addition of a new room or
What Is the Fijian Dollar (FJD)? The Fijian Dollar (FJD) is the national currency of the Republic of Fiji, an archipelago nation with over 300 islands. The FJD was first introduced in 1867, but its most recent iteration has been in place since 1969. The currency sign for the Fijian dollar is $ or FJ$
What Is a Flag? In the context of technical analysis, a flag is a price pattern that, in a shorter time frame, moves counter to the prevailing price trend observed in a longer time frame on a price chart. It is named because of the way it reminds the viewer of a flag on a
What Was the First-Time Homebuyer Tax Credit? The federal first-time homebuyer tax credit was available to Americans purchasing their first homes from April 2008 through September 2010. It has expired, but prospective homeowners can still use a number of other federal policies and programs that encourage homeownership. In addition, most states have programs designed to
What Is the First to File Rule? The first to file rule can mean different things depending on the context. In the context of federal court proceedings, the first to file rule states that whoever is the first party to file a lawsuit is awarded their home courts for the location of the trial or legal
What Is the First World? “First world,” a term developed during the Cold War in the 1950s, originally referred to a country that was aligned with the United States and other Western nations in opposition to what was then the Soviet Union and its allies. Since the collapse of the Soviet Union in 1991, the
What is the First-Year Allowance The first-year allowance is a UK tax allowance permitting British corporations to deduct between 6% and 100% of the cost of qualifying capital expenditures made during the year the equipment was first purchased. This serves as an incentive for British companies to invest in emerging and eco-friendly products. Breaking Down First-Year Allowance
What Is a Fiscal Agent? A fiscal agent is an organization, such as a bank or trust company, that acts on behalf of another party performing various financial duties. A fiscal agent may assist in the redemption of bonds or coupons, handle tax issues, replace lost or damaged securities, and perform various other finance-related tasks. Key
