Related Words

Period: The amount of time required to complete a full single cycle of a sound wave.

Estate (Tenancy) From Period To Period: An interest in leased property that continues from period to period--week to week, month to month or year to year.

Exchange Period: The period during which the exchanger must acquire replacement property in the exchange. The exchange period starts on the date the exchanger transfers the first relinquished property and en . . . View Full Definition

Adjustment Period: In an adjustable rate mortgage (ARM), the adjustment period, is the period of time (i.e., one month, three months, six months, one year, etc.) between changes in one interest rate charged an . . . View Full Definition

Periodic Interest Rate: The periodic interest rate, sometimes called the nominal rate, is the interest rate a lender charges on the amount you borrow. Lenders are also required to tell you what a loan will actually . . . View Full Definition

Holding Period: A holding period is the length of time you keep an investment. In some cases, a specific holding period is required in order to qualify for some benefit. For example, you must hold US saving . . . View Full Definition

Lock-Up Period: A lock-up period is the time during which you cannot sell an investment that you own. You are most likely to encounter a lock-up period if you acquire shares in an initial public offering (I . . . View Full Definition

Identification Period: The period during which the exchanger must identify replacement property in a 1031 tax deferred exchange. The identification period starts on the day the exchanger transfers the first relinq . . . View Full Definition

Periodic Tenancy: A leasehold interest from period to period that renews automatically unless a notice of termination is given.

Compounding Period: The number of compounding periods in a year. For example, quarterly compounding has a compounding frequency of 4.