Tag: purchase

DefinitionU.S. savings bonds are debt securities issued by the U.S. Department of the Treasury to help pay for the U.S. government's borrowing needs. U.S....

What is an 'Underlying Asset' An underlying asset is the security or commodity underlying a Derivative. The most common type of derivative is a futures...

What is an 'Import' An import is a good or service brought into one country from another. The word "import" is derived...

DefinitionA hard money loan is a specific type of asset-based loan financing through which a borrower receives funds secured by real property. Hard money...

Home Ownership by Country Vendor Take-Back Mortgage What is a 'Vendor Take-Back Mortgage' A vendor take-back mortgage is a type of mortgage...

DefinitionLayaway is an agreement in which the seller reserves an item for a consumer until the consumer completes all the payments necessary to pay...

When it comes to buying a home, there are many different options available to you. One of those options is the land lease option....

What is 'Lease Payments' A line item under long-term debt on a balance sheet that indicates the value of future lease payments...

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...

What is 'Land Flip' A fraudulent practice in the real estate business of selling undeveloped land at highly inflated prices. A land...