Annuities are long-term contracts between individuals and insurance companies that individuals typically enter into as part of retirement planning. Individuals make payments to the insurance company, which the insurance company will in turn invest...
Appreciate means to increase in value (the opposite of depreciate). It may also mean: to understand or recognize the value or significance of something or someone.
See also: appreciation.
[Last updated in June of...
Appreciation is an increase in an asset’s value, usually due to inflation or other external economic factors (the opposite of depreciation).
In more common parlance, appreciation may also be recognition or understanding of...
See: Annual Percentage Rate
See: adjustable rate mortgage
Debt that has accumulated and that has not yet been paid upon the due date. See arrearages.
A type of lien that gives workers a security interest in personal property until they have been paid for their work on that property. Essentially, a mechanic's lien by another name.