SWING LOAN
A loan of a short term allowing the home owner to purchase a new home before he has sold the first home. Also known as a bridging loan or gap loan.
Your Free Online Legal Dictionary • Featuring Black’s Law Dictionary, 2nd Ed.
A loan of a short term allowing the home owner to purchase a new home before he has sold the first home. Also known as a bridging loan or gap loan.
Coding scheme for secure data transmissions using one digital key to encode and decode the message. Also known as symmetric key encryption.
A product not naturally produced but fabricated through synthesis.
A term referring to anything that is derived from or having to do with tables.
Written promise where the lender provides long term financing to replace a short term loan or bridge finance. Also known as Takeout agreement opt Takeout loan.
A firm’s equity capital calculated by deducting liabilities, prepaid expenses, goodwill and start up and deferred costs from a net total of assets.
Amount of revenue that a company wants to generate in the current accounting period.
Situation where import duties on raw materials, components or partly completed goods are greater than on the finished goods. See tariff escalation.
Where individuals train specially to work in an industry.
Clause stopping the beneficiary’s creditor’s ability to collect benefits before they are received by the beneficiary.
When part of a firm is sold off, stock converts to shares in the new company.
1. Accounting. Worksheet set out in columns and rows.2. Computing. Software allowing data to be entered in columns and rows to ease mathematical use of formulas and to present and graphs and
One presented a long time, 6 months or more after the date of issue. Also known as a stale dated check.
1. Held as a reserve, substitute or spare to use when needed. 2. Passenger ticket with no reservation but takes the next available seat.
1. Law. With a capital ‘S’. The prosecuting body of persons accused of wrong doing in that state. 2. Politics. With a lower case’s’. The area geographically within defined territorial boundaries with
A report that summarizes a situation over a set period of time.
A court order suspending a judicial proceeding either in full or in part.
Increase in a premium at set points during the policy term.
The alternate term for probabilistic inventory control.
Notification from account holder to the bank to stop a check being drawn on.