DRY CLOSING
Real estate closing in which the entire closing requirements are completed except for disbursing funds and delivering documents. All involved parties agree the closing can still take place and the funds are transferred the soonest time possible after the closing. It refers to the completion of a deal which involves selling or exchange of real estate. In a conventional closing, the property title is given to the purchaser and all finances relative to the purchased are settled.
POPULAR TERMS
Netting
Settling mutual obligations at the net value of a contract as opposed to its gross dollar value.
Lemming
An investor who follows the crowd in investing without doing any research on his/her investments. Usually, lemming results to significant losses. T ...
Transaction Deposit
Bank deposit that can be immediately withdrawn, transferred, or otherwise transacted by the depositor. Banks are required to maintain reserves on h ...
Value Fund
Value Fund refers to a stock mutual fund that holds stocks, which are believed to be undervalued in price but are likely to be capable of paying di ...
Market Order
Most common way of carrying orders; an instruction or order from a client, via broker or brokerage service, to immediately purchase or sell an inve ...
POPULAR ARTICLE
SEE FOREX TUTORIAL
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