FRONT-END FEE
Borrower payment to the mortgage broker. Contrast to lender-paid backend fees.
Your Free Online Legal Dictionary • Featuring Black’s Law Dictionary, 2nd Ed.
Borrower payment to the mortgage broker. Contrast to lender-paid backend fees.
1. In Psychology, it is satisfaction of reaching a goal, the euphoria of success and achievement. 2. In Retail, it is the completion of picking inventoried product to satisfy a customer’s order,
Sometime illegal stance of Producer or supplier insistence that a dealer carry a full product line range. Not considered illegal if business need reason is legitimate .
Ordinary theft or burglary insurance policy. Unavailable to retail stores or hotels. Includes casual theft and other dishonest activities.
Visible or invisible (1) inorganic or organic liquid evaporations, (2) incomplete combustion exhaust, like from a gasoline engine, (3) chemical reaction exhaust, (4) heated metals or metallic compounds exhaust of submicroscopic particulate
Functional activity categorized by purpose.
Recognized as being uniform, exchangeable, and a worthwhile substitute. Applies in the economy as cash for cash, corn for corn, and gold for gold. Any commodity to be traded on a commodity
Agreement to buy or sell a commodity, financial instrument, or security, on a stated future date, at a specified price; made binding when conducted on-the-fly, on-the-trading-floor. Standardized agreements for quantity, quality, delivery
Value increase or decrease posted on the balance sheet when a valued instrument is sold.
Duration for calculating total earnings on excess deferral distributions from Roth IRA and relevant 401(k) plans. Typically occurs between a distribution date and a calendar segment end date, quarterly or yearly.
Authorized person with access control to a decision maker or specific information. Typically a junior officer or a secretary.
A stand-alone company adjusting claims as well as training adjusters. Essentially an adjustment clearinghouse for many different insurers.
Usually in a spec’s book or in associated architectural drawings of a contract, these contract conditions set the rights and responsibilities of the parties involved as well as the minimum contractor performance
Outranked by one or more senior bonds this bond is secured on the assets of the issuer by a blanket charge .
An item marketed with no brand name, trademark, or other distinguishing feature. Nothing separates it from other similar items except for it market name. Part of a certain general class, or genus,
Transportation costs based on the customer’s or market’s distance is computed to generate a selling price using this variable-pricing method.
Condition seemingly paradoxal that a consumer item, deemed essential to the community, is in greater demand when its price rises, and in less demand when the price falls. This occurred to corn
Buying or selling a high volume of stocks or bonds for less than the security’s current value. This type of trade is deemed to be inappropriate behavior.
COMMON STOCK issued by a nonlocal company in a local marketplace. GDSs, generally denominated in the local currency (and occasionally in US dollars), are typically registered with local regulators and may be
External risk to world-wide environment; outside the influence of a single country’s government.