Related Words

Full Strength: Full strength (also called 5-on-5) refers to when both teams have five skaters and one goaltender on the ice.

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

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

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

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

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.

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.

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

Full-Time Enrollment-Part-Time Enrollment: A full-time student is enrolled in 12 or more credit hours in a semester (full-time status for a summer term is 12 credit hours). A part-time student is enrolled in less than 12 credit hours . . . View Full Definition

Full-Service Lease: A broker who provides clients an all-inclusive selection of services such as advice on security selection and financial planning.