Examlex
For 2013,the maximum base amount for computing the Medicare portion of the self-employment tax is
$135,000.
Floating-Rate Loan
A loan with an interest rate that adjusts periodically based on a reference interest rate index, reflecting changes in market interest rates.
Savings And Loan Industry
A segment of the financial industry focused on accepting savings deposits and making mortgage and other loans to individuals and businesses.
Interest Rates
The amount charged, expressed as a percentage of principal, by a lender to a borrower for the use of assets.
Interest Rate Swap
A financial derivative contract in which two parties agree to exchange one stream of interest payments for another, based on a specified principal amount.
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