Tag: improvement

DefinitionA home equity loan is a type of loan in which the borrower uses the equity of his or her home as collateral. The...

What is 'Impound' An account maintained by mortgage companies to collect amounts such as hazard insurance, property taxes, private mortgage insurance and...

What is a Rate-Improvement Mortgage A rate-improvement mortgage is a type of home loan that offers a lower interest rate than the standard fixed-rate mortgage....

What is Pareto Improvement Pareto Improvement is defined as a change to a situation which results in one person becoming better off without anyone else...

Quality control charts are an important tool for ensuring the quality of your products or services. By creating and using a quality control chart,...

DefinitionQuality management ensures that an organization, product or service is consistent. It has four main components: quality planning, quality assurance, quality control and quality...

What is 'Federal Deposit Insurance Corporation Improvement Act - FDICIA' Passed in 1991 at the height of the Savings and Loan Crisis...

Water Quality Improvement Act Of 1970 What is 'Water Quality Improvement Act Of 1970 ' Legislation that expanded the federal government's...

What is a 'Take-Out Loan' A type of long-term financing (usually) on a piece of real property. Long-term take-out loans replace interim...

What is 'Quality Control' Quality control is a process through which a business seeks to ensure that product quality is maintained or...