Finance Charge Adjustment definition

Finance Charge Adjustment means the amount you pay in respect of your Transaction, in accordance with the Account Terms.
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Finance Charge Adjustment means the amount you pay in respect of your Transaction, in accordance with the Account Terms. Finance Credit Adjustment means the amount you Finance Rate displayed as a swap long percentage or swap short percentage on the website means the interest rate percentage for the cost of funding the Open Position Overnight nominated by FP Markets for this defined term from time to time, as notified to you (including through the online trading platform) or posted on its website. FPM Base Rate means the amount determined by FP Markets for this term from time to time. FP Markets sources and chooses its rate from many possible providers on any day, so the FPM Base Rate for any particular Client changes from day to day without prior notice. The Client is notified of the Client Xxxx-up applicable to that Client from time to time. The total rate(Client Xxxx-up plus FPM Base Rate) is applied FPM OTC contract means an over-the-counter contract, issued (when the Client trades on the MT Platform)
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Finance Charge Adjustment means the amount you pay in respect of your Transaction, in accordance with the Account Terms. Finance Credit Adjustment means the amount you receive in respect of your Transaction, in accordance with the Account Terms. Finance Rate displayed as a swap long percentage or swap short percentage on the website means the interest rate percentage for the cost of funding the Open Position Overnight nominated by FP Markets for this defined term from time to time, as notified to you (including through the online trading platform) or posted on its website. FPM Base Rate means the amount determined by FP Markets for this term from time to time. FP Markets sources and chooses its rate from many possible providers on any day, so the FPM Base Rate for any particular Client changes from day to day without prior notice. The Client is notified of the Client Xxxx-up applicable to that Client from time to time. The total rate (Client Xxxx-up plus FPM Base Rate) is applied to each Client’s Trading Account which uses the MT Platform. FPM OTC contract means an over-the-counter contract, issued (when the Client trades on the MT Platform) by FP Markets as principal on the terms set out in the Account Terms, subject to any Trading Conditions, and with such other terms as the Client and FP Markets agree at or before the time of issuance (such as the price for it).
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Examples of Finance Charge Adjustment in a sentence

  • Admiral will apply the equivalent financial consideration to the position if it were rolled over as a Finance Charge Adjustment or Finance Credit Adjustment.

  • For more information refer to Market Disruptions in Section 4.The minimum contract size for ETF Derivatives is 1 Lot (step 1 Lot) with 1 Lot being equivalent to 1 unit of the Underlying Reference Instrument.ETF Derivatives do not have an expiry date and will remain open until Closed Out- refer to the Section 5.4” Finance Charge Adjustment / Finance Credit Adjustment” for the fees and charges relating to keeping the position open.

  • For example, if the applicable Finance Rate is negative 20% p.a. and the Contract Value of the Cryptocurrency Derivative Positions is USD22,700 being the Closing Price on a particular day for the 5 lots, then the Finance Charge Adjustment for a particular day would be USD12.43.

  • For more information refer to Market Disruptions in Section 4.The minimum contract size for ETF Derivatives is 1 Lot (step 1 Lot) with 1 Lot being equivalent to 1 unit of the Underlying Reference Instrument.ETF Derivatives do not have an expiry date and will remain open until Closed Out- refer to the Section5.4 ” Finance Charge Adjustment / Finance Credit Adjustment” for the fees and charges relating to keeping the position open.

  • Your gross profit on the trade is calculated as follows: Closing level: USD Cents 78.625 Opening level: USD Cents 80.100 Difference: USD Cents 1.475 Calculating the overall resultTo calculate the overall net loss, you also have to take account of the Finance Charge Adjustment.

  • Initial Margin The Initial Margin required to open your position is 50% x USD4,540 x 5 = USD11,350 Finance Charge Adjustment Interest costs (imposed by way of the Finance Charge Adjustment) are calculated daily on positions held Overnight by applying the applicable interest rate (Finance Rate) to the Contract Value of the Cryptocurrency Derivative Positions.

  • Initial Margin The Initial Margin required to open your position is 5% x USD1,725.15 x 100 = USD8,625.75 Finance Charge Adjustment While the position remains open, the daily swap is USD5.70.

  • The Finance Charge Adjustment / Finance Credit Adjustment is detailed on the statement.

  • Initial Margin The Initial Margin required to open your position was calculated as 10% x USD Cents 80.100 x 1000 lbs = USD Cents 8,010 = USD80.10 Finance Charge Adjustment Since you have taken a short position, in this example your Finance Rate is negative 5.35%, then the Finance Charge Adjustment for a particular day would be of USD0.12.

  • Your gross profit on the trade is calculated as follows:Closing level: USD1,750.00 Opening level: USD1,725.15 Difference: USD24.85 Gross profit on Transaction:USD24.85 x 100 = USD2,485Calculating the overall result To calculate the overall net profit, you also have to take account of the Finance Charge Adjustment.

Related to Finance Charge Adjustment

  • Finance charge means that term as defined in section 106 of the truth in lending act, 15 USC 1605.

  • Finance Charge Shortfall shall have the meaning specified in Section 4.09.

  • Excess Finance Charge Collections means collections of Finance Charge Receivables and certain other amounts allocable to the Certificateholders’ Interest of any Excess Allocation Series in excess of the amounts necessary to make required payments with respect to such series (including payments to the provider of any related Series Enhancement) that are payable out of collections of Finance Charge Receivables.

  • Finance Charge Collections means Collections of Finance Charge Receivables.

  • Available Finance Charge Collections means, for any Monthly Period, an amount equal to the sum of (a) the Investor Finance Charge Collections for such Monthly Period, (b) the Series 2012-1 Excess Finance Charge Collections for such Monthly Period, (c) Principal Accumulation Investment Proceeds, if any, with respect to the related Transfer Date, (d) interest and earnings on funds on deposit in the Reserve Account which will be deposited into the Finance Charge Account on the related Payment Date to be treated as Available Finance Charge Collections pursuant to Section 4.10(a), and (e) amounts, if any, to be withdrawn from the Reserve Account which will be deposited into the Finance Charge Account on the related Transfer Date to be treated as Available Finance Charge Collections pursuant to Section 4.10(c).

  • Finance Charge Receivables means Receivables created in respect of periodic finance charges, late fees, returned check fees and all other similar fees and charges billed or accrued and unpaid on an Account.

  • Investor Finance Charge Collections means, with respect to any Distribution Date, an amount equal to (a) the product of (i) the Floating Allocation Percentage for the related Due Period and (ii) Allocable Finance Charge Collections deposited in the Collection Account for the related Due Period, minus (b) the aggregate amount of Servicer Interchange for the related Due Period.

  • Finance Charge Account is defined in Section 4.9(a).

  • Net Finance Charges means, for the Reference Period, the Finance Charges according to the latest Financial Report(s), after deducting any interest payable for that Reference Period to any member of the Group and any interest income relating to cash or cash equivalent investment.

  • Reallocated Investor Finance Charge Collections means that portion of Group I Investor Finance Charge Collections allocated to Series 1997-1 pursuant to Section 4.10.

  • Required Daily Deposit Target Finance Charge Amount means, for any day in a Due Period, an amount equal to the Class A Tranche Interest Allocation for the related Distribution Date; provided, however, that for purposes of determining the Required Daily Deposit Target Finance Charge Amount on any day on which the Class A Tranche Interest Allocation cannot be determined because the LIBOR Determination Date for the applicable Interest Accrual Period has not yet occurred, the Required Daily Deposit Target Finance Charge Amount shall be the Class A Tranche Interest Allocation determined based on a pro forma calculation made on the assumption that LIBOR will be LIBOR for the applicable period determined on the first day of such calendar month, multiplied by 1.25.

  • Principal Adjustment In the event that the Class B-1 Optimal Principal Amount, Class B-2 Optimal Principal Amount, Class B-3 Optimal Principal Amount, Class B-4 Optimal Principal Amount, Class B-5 Optimal Principal Amount or Class B-6 Optimal Principal Amount is calculated in accordance with the proviso in such definition with respect to any Distribution Date, the Principal Adjustment for such Class of Class B Certificates shall equal the difference between (i) the amount that would have been distributed to such Class as principal in accordance with Section 4.01(a) for such Distribution Date, calculated without regard to such proviso and assuming there are no Principal Adjustments for such Distribution Date and (ii) the Adjusted Principal Balance for such Class.

  • Monthly Principal Reallocation Amount means, for any Monthly Period, an amount equal to the sum of:

  • Prepayment Charge Period As to any Mortgage Loan, the period of time during which a Prepayment Charge may be imposed.

  • Group II Principal Remittance Amount With respect to any Distribution Date, the sum of the amounts described in clauses (i) through (iii) of the definition of Group II Principal Distribution Amount.

  • Principal Remittance Amount With respect to any Distribution Date, the sum of the Group I Principal Remittance Amount and the Group II Principal Remittance Amount.

  • Group I Principal Remittance Amount With respect to any Distribution Date, the sum of the amounts described in clauses (i) through (iii) of the definition of Group I Principal Distribution Amount.

  • Principal Collections means Collections of Principal Receivables.

  • Principal Account as set forth in the Standard Terms and Conditions of Trust shall be replaced with the term "Capital Account."

  • Principal Collection Account A Securities Account created and maintained on the books and records of the Securities Intermediary entitled “Principal Collection Account” in the name of the Borrower and subject to the prior Lien of the Collateral Agent for the benefit of the Secured Parties.

  • Reallocated Principal Collections means, for any Transfer Date, Investor Principal Collections applied in accordance with Section 4.6 in an amount not to exceed the Monthly Principal Reallocation Amount for the related Monthly Period.

  • Available Funds Shortfall As defined in Section 3.03(b)(ii)(A).

  • Servicer Prepayment Charge Payment Amount The amounts payable by the Servicer in respect of any waived Prepayment Charges pursuant to Section 2.05 or Section 3.01.

  • Master Servicer Prepayment Charge Payment Amount The amounts payable by the Master Servicer pursuant to Section 2.03(b) in respect of any waived (or, with respect to subsequent changes of law, any unenforceable) Prepayment Charges.

  • Unallocated Principal Collections shall have the meaning specified in subsection 4.05(d).

  • REMIC I Principal Loss Allocation Amount With respect to any Distribution Date, an amount equal to the product of (i) 50% of the aggregate Stated Principal Balance of the Mortgage Loans and REO Properties then outstanding and (ii) 1 minus a fraction, the numerator of which is two times the aggregate Uncertificated Balance of REMIC I Regular Interest LTA1, REMIC I Regular Interest LTA2, REMIC I Regular Interest LTA3, REMIC I Regular Interest LTA4, REMIC I Regular Interest LTM1, REMIC I Regular Interest LTM2, REMIC I Regular Interest LTM3, REMIC I Regular Interest LTM4, REMIC I Regular Interest LTM5, REMIC I Regular Interest LTM6, REMIC I Regular Interest LTM7, REMIC I Regular Interest LTM8, REMIC I Regular Interest LTM9, REMIC I Regular Interest LTM10, REMIC I Regular Interest LTM11 and the denominator of which is the aggregate Uncertificated Balance of REMIC I Regular Interest LTA1, REMIC I Regular Interest LTA2, REMIC I Regular Interest LTA3, REMIC I Regular Interest LTA4, REMIC I Regular Interest LTM1, REMIC I Regular Interest LTM2, REMIC I Regular Interest LTM3, REMIC I Regular Interest LTM4, REMIC I Regular Interest LTM5, REMIC I Regular Interest LTM6, REMIC I Regular Interest LTM7, REMIC I Regular Interest LTM8, REMIC I Regular Interest LTM9, REMIC I Regular Interest LTM10, REMIC I Regular Interest LTM11 and REMIC I Regular Interest LTZZ.