Tag: loan
Waiver Of Demand
What is 'Waiver Of Demand' An agreement by the party that has endorsed a check or draft to accept legal responsibility, without...
Warehouse Lending
What is 'Warehouse Lending'
Warehouse lending is a line of credit given to a loan originator to pay for a mortgage the borrower used to...
Qualifying Ratios
What is 'Qualifying Ratios' A set of ratios that are used by lenders to approve borrowers for a mortgage. The borrower's front-end...
Warehouse Receipt
DefinitionA warehouse receipt is a document that provides proof of ownership of commodities that are stored in a warehouse, vault, or depository for safekeeping....
Warehouse Financing
What is warehouse financing and what are the benefits
Warehouse financing is a type of short-term loan that is often used by businesses in the...
Working Capital
DefinitionWorking capital is a financial metric which represents operating liquidity available to a business, organisation or other entity, including governmental entities. Along with working...
Gap Amount
What is 'Gap Amount' Insurance will only cover a certain amount of coverage if leased items are stolen or totaled. There is...
Geographical Diversification
What is 'Geographical Diversification' The practice of diversifying an investment portfolio across different geographic regions so as to reduce the overall risk...
Gap Insurance
DefinitionGuaranteed Auto Protection insurance was established in the North American financial industry. GAP insurance is the difference between the actual cash value of a...
Garn-St. Germain Depository Institutions Act
DefinitionThe Garn–St Germain Depository Institutions Act of 1982 is an Act of Congress that deregulated savings and loan associations and allowed banks to provide...