Debt-To-Income Ratio: A borrowers monthly long term debt payments divided by the borrowers gross monthly income and expressed as a percentage. This ratio is used by lenders to determine if a loan applicant is qualified for the amount of the loan.

 

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Debt-To-Income Ratio: A borrowers monthly long term debt payments divided by the borrowers gross monthly income and expressed as a percentage. This ratio is used by lenders to determine if a loan applicant is qua . . . View Full Definition

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Organization For Economic Development And Cooperation (OECD): An international organization established by the United States, Canada and certain Western European countries in 1960. The OECD studies and discusses trade and related matters. Its current 2 . . . View Full Definition

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Operations Director: Individual who typically oversees claims, management information services, enrollment, underwriting, member services, and office management.

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Payout Ratio: A payout ratio, expressed as a percentage, is the rate at which a company distributes earnings to its shareholders in the form of dividends. For example, a company that earns $5 a share and . . . View Full Definition

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Partial Obscuration: Denotes that 1/8th or more of the sky, but not all of the sky, is hidden by any surface-based phenomena in the atmosphere, excluding precipitation. It often reduces horizontal visibility but . . . View Full Definition