Teaser Rate: A teaser rate is a low introductory interest rate on a credit card or an adjustable rate mortgage (ARM). The lender must tell you how long the teaser rate lasts and what the real cost of borrowing will be at the end of the introductory period.

 

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Teaser Rate: A teaser rate is a low introductory interest rate on a credit card or an adjustable rate mortgage (ARM). The lender must tell you how long the teaser rate lasts and what the real cost of bor . . . View Full Definition

Introductory Rate: Some loans have a lower introductory interest rate, which is in effect for a limited time. At the end of the introductory period, the interest rate will increase. It is also known as a 'teaser rate.'

Piece Rate: A per-piece rate system that pays employees based on the number of pieces produced.

Phyto-Chemical Concentrates: Chemical constituents of plants part of its defense system, others than proteins, fats, carbohydrates, vitamins and minerals used in human nutrition, enhance overall health, act as detoxifyi . . . View Full Definition

Photosynthetic Rate: The rate of conversion of dissolved carbon dioxide and bicarbonate ion to photosynthetic product

Phosphoglycerate (PGA): A three-carbon molecule formed when carbon dioxide is added to ribulose biphosphate (RuBP) during the dark reaction of photosynthesis (Calvin, or Calvin-Benson Cycle). PGA is converted to PG . . . View Full Definition

Plowback Rate: Related: Retention rate

Polyunsaturated Fat: A fat in which there are two or more links in the chain of carbon atoms that can be opened to accept hydrogen atoms.

Pre-Tax Rate Of Return: Gain on a security before taxes.

Potassium Citrate: Chemical used in blue and green toners.