Current odds the U.S. Prime Rate will continue at 4.00% after the September 20TH, 2017 FOMC monetary policy meeting: 29.5% (not likely), with remaining odds -- 70.5% (somewhat likely) -- that the U.S. Prime Rate will be at least 25 basis points (0.25 percentage point) higher.
âNet tangible benefitâ is defined as:ï·A 5 percent reduction to the P&I of the mortgage payment plus theannual MIP, or ï·Refinancing from an Adjustable Rate Mortgage (ARM) to a fixed ratemortgage. Note: Reducing the term of the mortgage, in and of itself, is not a nettangible benefit.
Wiktionary (0.00 / 0 votes) Rate this definition: net tangible assets (Noun). The total assets of a company, less any intangible asset such as goodwill, patents, and trademarks, less all liabilities and the par value of preferred stock. Similar to Book Value and Net Asset Value.et tangible assets (Noun). The total assets of a company, less any intangible asset such as goodwill, patents, and trademarks, less all liabilities and the par value of preferred stock.