HomeDefinitionsCompareDebt DJThe financial definition for DJ:The two-character ISO 3166 country code for DJIBOUTI. Similar MatchesAdjustable rateAdjustable rateApplies mainly to convertible securities. Refers to interest rate or dividend that is adjusted periodically, usually according to a standard market rate outside the control of the bank or savings institution, such as that prevailing on Treasury bonds or notes. Typically, such issues have a set floor or ceiling, called caps and collars that limits the adjustment. Adjustable rate mortgage (ARM)Adjustable rate mortgage (ARM)A mortgage that features predetermined adjustments of the loan interest rate at regular intervals based on an established index. The interest rate is adjusted at each interval to a rate equivalent to the index value plus a predetermined spread, or margin, over the index, usually subject to per-interval and to life-of-loan interest rate and/or payment rate caps. Adjustable rate preferred stock (ARPS)Adjustable rate preferred stock (ARPS)Publicly traded issues that may be collateralized by mortgages and MBS Further SuggestionsAdjusted balance methodAdjusted basis Adjusted debit balance (ADB) Adjusted exercise price Adjusted gross income (AGI) Adjusted present value (APV) Adjustment bond Click to compare definitions of DJ Click to view definitions beginning dj |