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Hot money - Hot money is used in economics to refer to funds which flow into a country to take advantage of a favourable interest rate, and therefore obtain higher returns. They influence the balance of payments and strengthen the exchange rate of the recipient country while weakening the currency of the country losing the money.
Bank rate - Bank rate, sometimes also referred as rediscount rate, is the rate of interest which a central bank charges for loans and advances made available to commercial banks and other financial intermediaries. Changes in bank rate is widely used as a tool by the central banks to control the money supply.
Annual percentage rate - Annual Percentage Rate (APR) is an expression of the effective interest rate that will be paid on a loan. It is different from the "note rate" (the advertised interest rate) because it includes one-time fees in an attempt to calculate a "total cost" of borrowing money.
Floating rate note - Floating rate notes (FRNs) are bonds that have a variable coupon, equal to a money market reference rate, like LIBOR or federal funds rate, plus a spread. The spread is a rate that remains constant.
money-rates.com - Daily updates best rates on bank CDs, money markets, and savings account.
Federal Reserve Update -- Money-Rates.com - Provides coverage of the Federal Reserve, including meetings, history, and predictions on future interest rate changes.
Gold Rates - Daily rates of e-gold by popular exchange agents. Find the best rates for buying and selling digital gold on the Internet.
Source: BazSites.com
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