Tag: loan

What is 'Heads Of Agreement' A non-binding document outlining the main issues relevant to a tentative partnership agreement. Heads of agreement represents...

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 'Hard Money' Hard money consists of funding by a government or organization that is repetitive, rather than a one-time grant....

What is 'Hardship Withdrawal' An emergency withdrawal from a retirement plan that may be subject to certain tax or account penalties. In...

DefinitionHome insurance, also commonly called homeowner's insurance, is a type of property insurance that covers a private residence. It is an insurance policy that...

What is 'Yield To Average Life' The yield on a fixed-income security when the average maturity is substituted for the maturity date...

DefinitionIn advertising, a hard sell is an advertisement or campaign that uses a more direct, forceful, and overt sales message. This approach is the...

Yield Maintenance in Commercial Real Estate Loans Yield Maintenance refers to the penalties you pay if you pay off your loan early. The penalty is...

What is 'Impaired Credit' A deterioration in the creditworthiness of an individual or entity. This is usually reflected through a lower credit...

What is yield spread premium Yield spread premium is the difference between the interest rate a borrower pays on a loan and the interest rate...