Confidence level
The degree of assurance that a specified failure rate is not exceeded. |
Similar financial terms
Confidence IntervalA rule used to construct a random interval so that a certain percentage of all data sets, determined by the confidence level, yields an interval that contains the population value.
Confidence indicator
A measure of investors' faith in the economy and the securities market. A low or deteriorating level of confidence is considered by many technical analysts as a bearish sign.
Support level
A price level below which it is supposedly difficult for a security or market to fall.
Resistance level
A price level above which it is supposedly difficult for a security or market to rise.
Level-coupon bond
Bond with a stream of coupon payments that are the same throughout the life of the bond.
Level pay
The characteristic of the scheduled principal and interest payments due under a mortgage such that total monthly payment of P&I is the same while characteristically the principal payment component of the monthly payment becomes gradually greater while the monthly interest payment becomes less.
Acceptable Quality Level (AQL)
Maximum number of defects per 100 pieces that are allowable.
