Tag: type

Canadian Rollover Mortgage

Home Ownership by Country Canadian Rollover Mortgage What is 'Canadian Rollover Mortgage' A home mortgage with an adjustable rate feature. The Canadian...

Call Auction

What is 'Call Auction' Where participants buy or sell units of a good. At a call auction, participants place orders to buy...

Callable Preferred Stock

What is a 'Callable Preferred Stock' A callable preferred stock is a type of preferred stock in which the issuer has the...

Partially Convertible Debenture (PCD)

What is 'Partially Convertible Debenture - PCD' A type of convertible debenture, part of which will be redeemed by the issuing company...

Participation Mortgage

DefinitionA participation mortgage or participating mortgage is a mortgage loan, or sometimes a group of them, in which two or more persons have fractional...
Private mortgage insurance

Private Mortgage Insurance

What is Private Mortgage Insurance Private mortgage insurance is insurance that protects a lender in the event that a borrower defaults on a conventional home...

Qualified Trust

What is 'Qualified Trust' A tax-advantaged fiduciary relationship between an employer and an employee in the form of a stock bonus, pension,...

Qualifying Annuity

What is 'Qualifying Annuity' This type of annuity is similar to any other, except that it has been approved by the IRS...

Qualified Personal Residence Trust (QPRT )

What is 'Qualified Personal Residence Trust – QPRT ' A specific type of trust that allows its creator to remove a personal...
Qualified Terminable Interest Property,

Qualified Terminable Interest Property (QTIP) Trust

What is a Qualified Terminable Interest Property (QTIP)? A Qualified Terminable Interest Property, or QTIP, is a type of trust that provides income to a...

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