Tag: loan

Home Ownership by Country Vendor Take-Back Mortgage What is a 'Vendor Take-Back Mortgage' A vendor take-back mortgage is a type of mortgage...

DefinitionLand rehabilitation is the process of returning the land in a given area to some degree of its former state, after some process has...

What is 'Lease Payments' A line item under long-term debt on a balance sheet that indicates the value of future lease payments...

What is a land contract and how does it works? A land contract is a contract between the buyer and seller of a piece of...

What is 'Land Flip' A fraudulent practice in the real estate business of selling undeveloped land at highly inflated prices. A land...

What is 'Easy Money' Easy money, in academic terms, denotes a condition in the money supply. Easy money occurs when the U.S....

What is 'Economic Depreciation' Economic depreciation is a measure of the decrease in value of an asset over time. This form of...

What is 'Earnings Recast' The act of amending and re-releasing a previously released earnings statement, with specified intent. Some of the most...

What is 'Call Loan' A loan provided to a brokerage firm and used to finance margin accounts. The interest rate on a...

What is an obligor An obligor is a legal entity that is obligated to make payments on a debt or other financial obligation. The term...