A computed quantity of the value of an asset expressed in terms of a quantity of another asset that is usually in the same class. For example, a deposit interest rate is the amount of interest earned per year on a certificate of deposit, while a forex rate is the value of a single unit of Base Currency expressed in units of a counter currency.
Browse by Subjects
marginal tax rate
See All Related Terms »
free standing additional voluntary contribution
American Psychological Association (APA):
Chicago Manual of Style (CMS):
Modern Language Association (MLA):