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...
B-Note
What is 'B-Note'
The secondary tranche in a commercial mortgage-backed security. B notes are a component of A/B financing or A/B/C financing. They have a...