Demand Times: The periods of time in a resort that are requested the most. These are often unique to the particular resort location and depend on things such as climate and activities.

 

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Demand Times: The periods of time in a resort that are requested the most. These are often unique to the particular resort location and depend on things such as climate and activities.

Speculative Demand (For Money): Purchasing risky investments that present the possibility of large profits, but also pose a higher-than-average possibility of loss. A profitable strategy over the long term if undertaken by . . . View Full Definition

Price Elasticity Of Demand: The relationship between the change in the price of a commodity and the corresponding change in the quantity that is sold. If a small change in the price is accompanied by a relatively large . . . View Full Definition

Precautionary Demand (For Money): The need to meet unexpected or extraordinary contingencies with a buffer stock of cash.

Ote (Organisation For Timeshare In Europe): A trade association in Europe composed of resort owners and developers. The OTE is similar to ARDA, but with more of an emphasis on consumer affairs.

Times Interest Earned Ratio: Ratio that indicates the company's margin above the fixed interest charged to be paid to creditors: calculated by dividing income before interest and income taxes by interest expense.

Timeshare: The concept of purchasing an increment of time at a resort, condominium, apartment, or other facility, often with the option to exchange this time for time at a different location. What make . . . View Full Definition

Variable-Rate Demand Note: Short-term certificate of deposits that pay interest periodically on roll dates. On each roll date, the coupon on the CD is adjusted to reflect current market rates.

Video On-Demand (VOD): Allows VCR-type control of broadcast or cable programs, or video and movies offered on a PPV basis.

Variable Rated Demand Bond (VRDB): A whole life insurance policy that provides a death benefit dependent on the insured's portfolio market value at the time of death. Typically the company invests premiums in common stocks, s . . . View Full Definition