uk â /juËËniËk/ us â. âº something that is unique is unusual or the only one of its type: Fast-growing companies are in a unique position to attract the best candidates. Over the past 15 years, she has made a unique contribution to the country's business environment. a unique opportunity/set of circumstances.
The Community Reinvestment Act (CRA) is a law intended to encourage depository institutions to help meet the credit needs of the communities in which they operate, including low- and moderate-income (LMI) neighborhoods, consistent with safe and sound banking operations. (CRA does not encourage the extension of unsafe or unsound credit.)
The annual yield at which cash flows from an investment can be reinvested. The reinvestment rate is of particular interest to people holding short-term investments, such as certificates of deposit or Treasury bills, or long-term investments that produce large annual cash flows, such as high-coupon bonds.