GARBAGE FEES
Unnecessary fees inserted into mortgage costs by lenders to add to the lender’s profit. Such fees may be called administrative fee, application fee, appraisal fee, courier fee, document preparation fee, document review fee, loan origination fee, and settlement fee, among others. Either blatantly illegitimate or normal business costs, these are extremely exaggerated before passing it on to the customer.
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Liquidity Adjustment Facility
A tool in monetary policy where banks are allowed to borrow money through repurchase agreements, and to respond to liquidity pressures. The governm ...
Data Warehousing
Electronic storage of information in a business or corporation. It should be secure, reliable and easy to retrieve and manage. It originated in 198 ...
One-Tailed Test
A statistical test where the critical area of a circulation is one-sided so that it is either less than or greater than a specific value, but not b ...
Less-than-Truckload
A shipping service that carries small loads of freight, weight between partial and full truckload. The service is being offered by many large and n ...
Original Cost
It simply refers to the total cost associated in buying an asset.
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