Tag: rates

Home Ownership by Country Mandatory Mortgage Lock What is 'Mandatory Mortgage Lock' The sale of a mortgage in the secondary mortgage market...

What is 'Manufactured Payment' A payment made to pass through dividend and interest payments from the borrower to the lender of those...

DefinitionA mortgage loan, or simply mortgage, is used either by purchasers of real property to raise funds to buy real estate, or alternatively by...

What is 'Manual Execution' A method of trading with the help of a dealer or broker, versus trading automatically. Manual executions tend...

What is a maintenance bond A maintenance bond is a type of surety bond that is often required by municipalities in order to guarantee that...

What is 'Macroeconomic Swap' A type of derivative designed to help companies whose revenues are closely correlated with business cycles to reduce...

DefinitionThe term annual percentage rate of charge, corresponding sometimes to a nominal APR and sometimes to an effective APR, is the interest rate for...

DefinitionAllodial title constitutes ownership of real property that is independent of any superior landlord. Allodial title is related to the concept of land held...

What is 'Absolute Interest' Total and complete ownership of an asset or property. An individual with an absolute interest has both a...

What is 'Ability-To-Pay Taxation' Ability-to-pay taxation is a progressive taxation principle that maintains that taxes should be levied according a taxpayer's ability...