Kicker What is 'Kicker' 1. A right, exercisable warrant, or other feature that is added to a debt instrument to make it more desirable to potential investors by giving the debt holder the
Hard Loan What is 'Hard Loan' A foreign loan that must be paid in the currency of a nation that has stability and a reputation abroad for economic strength (a hard currency). Explaining
DefinitionKiasu is a Hokkien word that means a grasping, selfish attitude. Kiasu What is 'Kiasu' A Chinese adjective used to describe a person's fear of losing out (to someone else). Kiasu
DefinitionA home equity loan is a type of loan in which the borrower uses the equity of his or her home as collateral. The loan amount is determined by the value of the property, and the val
Hard Money What is 'Hard Money' Hard money consists of funding by a government or organization that is repetitive, rather than a one-time grant. Examples include ongoing government daycare
Half-Year Convention For Depreciation What is the 'Half-Year Convention For Depreciation' The half-year convention for depreciation is the depreciation schedule that treats all property ac
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 combines various persona
DefinitionA hammer is a tool or device that delivers a blow to an object. Most hammers are hand tools used to drive nails, fit parts, forge metal, and break apart objects. Hammers vary in sh
Yupcap What is 'Yupcap' A slang term for a young urban professional who cannot afford property. Yupcaps are people in their late twenties or early thirties with post secondary educations a
Impound What is 'Impound' An account maintained by mortgage companies to collect amounts such as hazard insurance, property taxes, private mortgage insurance and other required payments fr