MORTGAGE SHORT SALE
The sale of a mortgaged property by a financially distressed borrower for the remaining outstanding mortgage balance. The proceeds will be used to repay the lender, which receives less than full repayment of the mortgage, making the borrower free from the mortgage obligation. This is to prevent what would amount to bigger losses for the lender if to be foreclosed on the mortgage.
POPULAR TERMS
Sales Price Variance
Sales Price Variance is the difference of the anticipated selling price, or the amount of money a business expects to sell its products or services ...
Crown Loan
Demand loan with no maturity date. Normally made by a wealthy parent or grandparent, the loan is named after American industrialist and philanthrop ...
Replacement Chain Method
A capital budgeting decision model that is used to compare two or more mutually exclusive capital proposals with unequal lives. The Replacement Cha ...
Netherlands Antilles Guilder
Currency abbreviation or symbol of Netherlands Antilles Guilder, the official currency of Netherlands Antilles which ...
Price Talk
A discussion of appropriate price for an upcoming security issue. The investment community will conclude a realistic range of prices within which t ...
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SEE FOREX TUTORIAL
An Introduction to the Basics of Economics
Economics, as defined by the dictionary, is the science that is concerned with the process or system by which goods and services are produced, sold ...
Defining Inflation
Inflation is the sustained increase in the overall level of products and services in an economy over a particular time period. Expressed as percent ...
Digesting Financial Statements: Filing
Companies need to file several financial reports in different periods with the Securities and Exchange Commission.
14A Prox ...
A Guide to Your Personal Income Tax: Common Filing Mistakes
Failure to file the return on time is the most common mistake committed by taxpayers. Here are some of the other mistakes, which can cost you a lot ...
Income Sources for Creating Retirement Fund
We have already tackled the overview of retirement, its significance, and allocating money for it, the next we are about to discuss is looking for ...
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