Term: Difference between revisions

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* [[Term premium]]
* [[Term premium]]
* [[Term rate]]
* [[Term rate]]
* [[Term sheet]]
* [[Term SONIA reference rate]]
* [[Term SONIA reference rate]]
* [[Term structure of interest rates]]
* [[Term structure of interest rates]]

Latest revision as of 12:43, 27 October 2022

1. Contract law.

A term is a part of a contract which may be either:

(i) A condition;
(ii) A warranty; or
(iii) An innominate term.


Contract terms may be express terms or implied terms.


2.

The time before maturity.

Also known as the Tenor.


3. Interest rate quotation.

In relation to interest rates, a 'term' rate refers to maturities longer than overnight.


4.

A period within a floating rate loan's total maturity, for which an interest rate is fixed at the start of that period.


5. Financial maths.

An item in a mathematical expression.

For example, an error term.


See also