LOAN LOCK
The act of securing a certain interest rate on a mortgage loan still for approval. Loan lock sets the interest rate a borrower needs to pay as long as the loan stops before the end of lock period, which usually lasts for 30 to 60 days. But in markets where the processing is slow, it can last for about 90 days.
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Guarantee Company
Corporation designed to guard members from liability but normally does not distribute gains to its members and divide assets into shares. Members o ...
Price Basing
A pricing method of commercial commodity transactions that bases these prices on related futures contract prices. Price basing is used by commodity ...
Small Firm Effect
The small firm effect is a theory that suggests that a business that has small market capitalization or a small firm has better performance than a ...
SEC Form F-80
SEC Form F-80 is also referred to as the Registration Statement for Certain Canadian Issuers to be Issued in Exchange Offers or a Business Combinat ...
Satisfaction of Mortgage
Satisfaction of Mortgage is a document acknowledging that a borrower has paid off the mortgage loan in full. It is signed by a mortgage lender decl ...
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Inflation and Investments
“How does inflation affect my investments?”
Most investors ask this question, particul ...
Principles of Trading: Automating Strategies
An automated trading system basically lets a computer to do the work of a trader by setting certain rules for entering and exiting trades. That com ...
Renovate or Move?
You have a well-furnished home with a garden full of flowers and plants. Imagine sharing your beautiful abode, which has four bedrooms, a kitchen, ...
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