Loan Glossary – Sandy Gadow – Adjustable Rate Loan or Adjustable Rate Mortgage (ARM): A loan with an interest rate that changes during the term of the loan. The payments generally.
Chapter 825 – Condominium Act – Sec. 47-68a. Short title: Condominium Act of 1976. Definitions. This chapter shall be known as the “Condominium Act of 1976”. As used in this chapter, unless the context otherwise requires:
Leveraged Loan Primer | S&P Global Market Intelligence – Under this definition, a loan rated BB+ that has a spread of LIBOR+75 would qualify as leveraged, but a nonrated loan with the same spread would not.
Term Loan APR Calculator | Nav – business loan calculator definitions Loan Amount The loan amount should be easy for you to spot – it’s the total amount the lender is offering to your business.
What does loan mean? – Definitions.net – Webster Dictionary(0.00 / 0 votes)Rate this definition: Loan(noun) a loanin. Loan(noun) the act of lending; a lending; permission to use; as, the loan of a book, money, services. Loan(noun) that which one lends or borrows, esp. a sum of money lent at interest; as, he repaid the loan. Loan. to lend; –.
Loan financial definition of loan – Financial Dictionary – loan the advance of a specified sum of MONEY to a person or business (the BORROWER) by other persons or businesses, or more particularly by a specialist financial institution (the LENDER) which makes its profits from the INTEREST charged on loans. The provision of loans by COMMERCIAL BANKS, FINANCE HOUSES, BUILDING SOCIETIES etc. is an important source of CREDIT in the economy serving to.
Credit and Loan Vocabulary Terms and Definitions. – a loan for purchasing real estate. If the borrower does not repay the loan according to the terms of the contract, the lender can legally force the sale of property to pay off the loan. person or institution that made the mortgage loan. land and property attached to the land.
Get Help : Glossary of Terms – Reverse mortgage – In some cases, the available line of credit increases over time according to the terms of the loan agreement. Loan closing date: date on which your reverse mortgage is scheduled to close. Maximum Claim Amount: The lesser of a home’s appraised value or the maximum loan limit that can be insured by FHA. Used in determining the principal limit.
Loan – definition of loan by The Free Dictionary – (lon) n. 1. the act of lending; a grant of the temporary use of something: the loan of a book. 2. something lent or furnished on condition of being returned, esp. a sum of money lent at interest. 3. loanword.