- Industry: Financial services
- Number of terms: 73910
- Number of blossaries: 1
- Company Profile:
World's leading financial information-service, news, and media company.
An attachment that gives the lender the right to seize the personal property of a borrower who has not fulfilled the obligations of the loan, but prevents the lender from seizing real property.
Industry:Financial services
A bond issued to finance construction of a hospital by a municipal or state agency.
Industry:Financial services
Privately owned, publicly chartered entities, such as the Student Loan Marketing Association, created by Congress to reduce the cost of capital for certain borrowing sectors of the economy including farmers, homeowners, and students.
Industry:Financial services
The agreement governing the broker-dealer's borrowing against listed securities from a bank for the purpose of carrying on business and making transactions. See: Broker loan rate.
Industry:Financial services
U.S. government-issued securities, such as Treasury bills, bonds, and notes, and savings bonds. Governments are considered among the safest investments available as they are backed by the U.S. government. Also used to refer to debt issues of federal agencies, which are not directly backed by the U.S. government.
Industry:Financial services
A type of obligation that covers all a borrower's mortgageable properties, not just one specific property.
Industry:Financial services
A takeover of a company against the wishes of the current management and the board of directors by an acquiring company or raider.
Industry:Financial services
The time period stipulated in most loan contracts and insurance policies during which a late payment will not result in default or cancellation.
Industry:Financial services
