Examlex
The total of all monthly payments plus the amount of the mortgage equals the total cost of interest.
Times Interest Earned Ratio
A financial metric that measures a company's ability to cover its interest obligations with its earnings before interest and taxes (EBIT).
Potential Drop
An anticipated decrease in value or performance, often used in the context of stocks or electrical voltage.
Earnings
The profit a company generates during a particular period, often used as a measure of its financial performance.
Effective Rate
The effective rate is the actual interest rate that a borrower pays on a loan or receives on a deposit account, after the compounding of interest is taken into account.
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