Related Words

Debt Service Parity Approach: The ratio of cash flow available to the borrower to the annual interest and principal payments on a loan or other debt.

Parity: An error-checking method that utilizes an extra bit that is sent to the receiving device to determine the validity of any given character.

Overlapping Debt: The portion of debt of political subdivisions or neighboring special districts that a municipality is responsible for.

Parity Price: A measurement of the purchasing power of a unit of a particular commodity. Originally, parity was the price per bushel, bale, pound, or hundredweight that would be necessary for a unit of a . . . View Full Definition

Parity Ratio: The ratio of the prices received index, 1910-14=100, to the prices paid index on a 1910-14=100 base (called the parity index). The parity ratio is a measure of relative price relationships. . . . View Full Definition

Passport-Visa Service: A service that will take your passport and hand carry, if necessary, to the appropriate embassy in order to expedite a visa. Can be expensive if you have waited until the last minute to obta . . . View Full Definition

Parity Value: Related: Conversion value

Over-The-Air Service Provisioning (OTASP): The ability of carriers to add new types of services to a customer's handset by using the wireless network instead of requiring the customer to bring the phone to a carrier's location for re . . . View Full Definition

Original Issue Discount Debt (OID Debt): Debt that is initially offered at a price below par.

Net Income Approach: A method of pricing multiple unit rental properties where the desire to buy is driven by the propertys ability to generate cash flow and profit. Most often used to price rental properties of . . . View Full Definition