MORTGAGE
A debt instrument to finance purchasing a real estate property, usually from a bank, which the borrower is obliged to pay back with a predetermined set of payments. Individuals and business use this loan to make huge real estate purchases without paying the whole value of the property upright. Over many years, the borrower repays the mortgage plus interest rate until he or she eventually owns the property freely and clearly. The bank can foreclose the property if the borrower stops paying the loan.
Also called liens against property or claims on property.
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Acquired Fund Fees And Expenses - AFFE
A line item within a prospectus of a fund-of-funds which displays the underlying funds' operating expenses. This was regarded as a requirement ...
Desk Trader
A trader restricted to instituting trades for the clients of a firm and unable to trade with own accounts of his or her firm.
Trend Analysis
Technical analysis of the stock’s future movement by analyzing the historical data or previous performance. It is based on the idea traders w ...
Nasdaq Intermarket
An electronic marketplace in which the National Association of Securities Dealer (NASD) members may execute trades, communicate, and accept quotati ...
Put To Seller
The exercise of a put option. Put to seller often occurs when the strike price of the put is lower than the underlying security’s market valu ...
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