leading economic indicator
An economic indicator (such as interest rates) that tends to predict the future direction of the economy. — Often shortened to leading indicator.
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An economic indicator (such as interest rates) that tends to predict the future direction of the economy. — Often shortened to leading indicator.
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A mortgage giving the lender the right to recover (as contingent interest) an agreed percentage of the property’s appreciation in value when it is sold or at some other specified, future date. — Abbr. SAM.
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present value. The sum of money that, with compound interest, would amount to a specified sum at a specified future date; future value discounted to its value today. — Also termed present worth. adjusted present value. An asset’s value determined by adding together its present value and the value added by capital-structure effects. — Abbr.