b c d e f g h i j k l m n o p q r s t u v w y z search |
TeachMeFinance.com - explain Indexed Indexed -- In finance this term means "measured by" and/or "adjusted according to," thus an interest rate on a note may be, by agreement, "indexed" i.e. adjusted according to the market at time the interest is due. Or a note denominated in a foreign currency may have its exchange rate "indexed," adjusted according to the market rate in effect at the time of payment.
About the author
Copyright © 2005 by Mark McCracken, All Rights Reserved. TeachMeFinance.com is an informational website, and should not be used as a substitute for professional financial or legal advice. TeachMeFinance.com and its owner recommend consultation with a professional financial advisor prior to any investment or financial decision. Please read our disclaimer. |