See Also: Skip-payment privilege(money)
Skip payment privilege(finance)
skip(8)(dictionary)
privilege(1)(dictionary)
skip(5)(dictionary)
privilege(2)(dictionary)
privilege(medicine)
skip(1)(dictionary)
Skip(law)
skip(2)(dictionary)

Phase space (finance) and Skip payment privilege (finance)


Phase space (finance)


A graph which shows all possible states of a system. In phase space we plot the value of a variable against possible values of the Other variables at the same time.





Skip payment privilege (finance)


A mortgage contract clause giving borrowers the right to skip payments if they are ahead of schedule.