WET LOAN
Mortgage arrangement where settlement occurs simultaneously with document signing.
Your Free Online Legal Dictionary • Featuring Black’s Law Dictionary, 2nd Ed.
Mortgage arrangement where settlement occurs simultaneously with document signing.
1. Banking services offered to government agencies, pension funds and corporations with sound income statements and strong balance sheets only. 2. Lending and borrowing between banks.
Action of drilling for oil in territory not yet explored.
Measurement to estimate the mean with a lower dependence on outlying values.
Situation where an agent can make decisions without seeking the principal’s approval.
Policy covering worker’s costs of compensation.
Informal sheet where the accountant can record information to adjust balances and substantiate opinion with regard to transactions and balances.
“What you see is what you get”. Display showing what a document will look when it has been printed.
Coverage not started yet but has been applied for.
Pay rate based on units produced or time of working.
When security price falls causing a stop loss order. The price will rebound. Or a raise in price that trigger purchases lowering stock price.
Releasing corporate earnings before a full public announcement. The US limits this by prohibiting selective disclosure.
Stock of a target company of hostile takeover. Price and volume will be erratic due to the rumor.
An employee who turns against their superiors to bring an problem out in the open.
A friendly company that takes partial control of a company. Refer to black, gray, and white knights.
A mortgage sold with servicing rights to an investor. They are sometimes sold to conduits for securitization purposes.
An unsophisticated investor. They are protected from fraud or bad advice. Refer to aunt millie.
Cash held for the purpose of overtaking another company. Or funds held to prevent hostile takeover.
The promise to perform agreed to financial obligations. If the party feels mistreated they may choose not to. Refer to ability to perform.
A long term option issued as a private instrument with a bond. This lowers funding costs. Refer to exwarrant, covered warrant, and bond with warrant.