Tag: student
Waiver
What is a 'Waiver' A waiver is the voluntary action of a person or party that removes that person's or party's right...
Warm Card
What is 'Warm Card' A type of ATM card that allows the bearer restricted access to a business account. Most frequently, the...
Garnishment
DefinitionGarnishment is an American legal process for collecting a monetary judgment on behalf of a plaintiff from a defendant. Garnishment allows the plaintiff to...
Sample
What is a 'Sample' A sample is a subset containing the characteristics of a larger population. Samples are used in statistical testing...
Teaser Loan
By definition, a teaser loan, also called an adjustable rate mortgage loan, is where the interest is paid at a very low rate by...
Take A Bath
What does 'Take A Bath' mean Take a bath is a slang term referring to the situation of an investor who has...
Index Fund
DefinitionAn index fund is a mutual fund or exchange-traded fund designed to follow certain preset rules so that the fund can a specified basket...
Take-Out Lender
What is 'Take-Out Lender' A type of financial institution that provides a long-term mortgage on property. This mortgage will replace interim financing,...
Take-Out Loan
What is a 'Take-Out Loan' A type of long-term financing (usually) on a piece of real property. Long-term take-out loans replace interim...
Dean Analytic Schedule
What is the Dean Analytic Schedule
The Dean Analytic Schedule is a tool that insurance companies use to rate fire insurance policies. The schedule assigns...