Category: money , Asked by: Royce M. From Canada
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Category: glossary by D. W. From Cork, Ireland
A measure in statistics that refers to the variance of the errors over the sample. Most financial instruments, such as stocks, follow a heteroskedastic error pattern. For example, in regression, a mathematical relationship between a stock and some other type of measure is to be discovered over a period of time; the error found between the line of best fit and the actual data point will vary - for instance, as each variable gets larger the error may increase.
Category: glossary by O. H. From Germany
the "domicile " is The country in which a person lives. Important for tax purposes to establish your domicile in the right place!
Category: glossary by Kayla E. From Cork, Ireland
An entity that lends money to a borrower for the purpose of purchasing a piece of real property. By accepting a mortgage on the real property, the lender creates security in the full repayment of the loan in the future. Most people take out a mortgage to finance the purchase of a residence or piece of real estate. In order to limit its risk in the investment, the lender in the transaction creates a priority legal interest in the value of the property, substantially lowering the probability the lender will not be repaid in full if the borrower defaults on the loan.
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