Tag: loans

DefinitionA warehouse is a commercial building for storage of goods. Warehouses are used by manufacturers, importers, exporters, wholesalers, transport businesses, customs, etc. They are...

DefinitionWar bonds are debt securities issued by a government to finance military operations and other expenditure in times of war. War Bond What...

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...

What is 'Gazelle Company' A high-growth company that is increasing its revenues by at least 20% annually for four years or more,...

DefinitionA warehouse receipt is a document that provides proof of ownership of commodities that are stored in a warehouse, vault, or depository for safekeeping....

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...

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...

What is tax exempt status Tax-exempt status is a designation given by the Internal Revenue Service (IRS) to organizations that meet certain criteria. To be...

What is 'Tandem Loan' Two loans taken out on one asset, which is usually a house; the secondary loan is normally added...

By definition, a teaser loan, also called an adjustable rate mortgage loan, is where the interest is paid at a very low rate by...