Tag: mortgage
Pass-Through Certificate
DefinitionA pass-through certificates is an instrument that evidences the ownership of two or more equipment trust certificates. In other words, equipment trust certificates may...
Land Contract
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...
Land Trust
DefinitionThere are two distinct definitions of a land trust... Land Trust What is 'Land Trust' A legal agreement where a trustee is...
Lagged Reserves
Banks use lagged reserves to manage their liquidity and protect themselves from risks associated with deposit outflows. Lagged reserves are a critical tool for...
Landlord
Being a landlord can be a very profitable business venture, but it also comes with a lot of responsibility. In this blog post, we...
Early Majority
What is 'Early Majority' The first sizable segment of a population to adopt an innovative technology. The early majority tends to be...
Earnings Recast
What is 'Earnings Recast' The act of amending and re-releasing a previously released earnings statement, with specified intent. Some of the most...
CAC 40
DefinitionThe CAC 40 is a benchmark French stock market index. The index represents a capitalization-weighted measure of the 40 most significant values among the...
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...
Half-Life
What is 'Half-Life' Half-life represents a date in the future when half of the total principal of a mortgage-backed security (MBS) will...