Tag: loans
Land Trust
DefinitionThere are two distinct definitions of a land trust... Land Trust What is 'Land Trust' A legal agreement where a trustee is...
Land Flip
What is 'Land Flip' A fraudulent practice in the real estate business of selling undeveloped land at highly inflated prices. A land...
Call Loan
What is 'Call Loan' A loan provided to a brokerage firm and used to finance margin accounts. The interest rate on a...
War Chest
DefinitionThe Community Chests in the United States and Canada were fund-raising organizations that collected money from local businesses and workers and distributed it to...
Debt to Income Ratio
DefinitionA debt income ratio is the percentage of a consumer's monthly gross income that goes toward paying debts. There are two main kinds of...
PPP
Quick Facts The PPP is Purchasing Power Parity Purchasing power parity is used by macro-economic analysts to compare different countries' currencies through a...
Yankee Market
What is 'Yankee Market' A slang term for the stock market in the United States. Yankee market is usually used buy non-U.S....
Obligation Bond
What is 'Obligation Bond' A municipal bond used to secure a mortgage on property or other physical assets that can be liquidated....
VA Loan
DefinitionA VA loan is a mortgage loan in the United States guaranteed by the United States Department of Veterans Affairs. The program is for...
FICO Score
FICO score is one to the measures that are used by the lenders to assess the credit risk of an applicant, and then decide...