Related Words

Full Moon: That point in the lunar cycle when the Moon exactly opposes the Sun; begins the waning phase.

Gibbous Moon: The Moon approaching the full Moon, more than 135° and less than 180° ahead of the Sun. A natal gibbous Moon indicates that self-analysis is an important factor in motivation.

Fully Amortized: Fully amortized mortgages are paid in equal monthly installments, which include interest and amortization of principal, paid over a period of years. The interest is set at a predetermined ra . . . View Full Definition

Fullback (FB): A player position on offense. Originally, lined up deep behind the quarterback in the T formation. In modern formations this position may be varied, and this player has more blocking respons . . . View Full Definition

Fully Depreciated: Also called rental lease. Arrangement in which lessor promises to maintain and insure the equipment leased.

Fully Diluted Earnings Per Shares: An asset that has already been charged with the maximum amount of depreciation allowed by the IRS for accounting purposes.

Full-time student: A full-time student is defined as a student taking at least 60 per cent of a full course load.

Fully Amortizing: This describes a loan where the balance owed at the scheduled end of the loan is zero if all regular monthly payments are made as scheduled.

Full-Time Equivalent (FTE): A value assigned to signify the number of full-time employees that could have been employed if the reported number of hours worked by part-time employees had been worked by full-time employe . . . View Full Definition

Full-Service Broker: Indication that a broker with a discretionary account can operate free of all trading guidelines from the client.