SENIOR STRETCH LOAN
Senior Stretch Loan is a particular kind of loan to a business entity. Senior Stretch Loans have the features of both asset-based loans and cash-flow loans and is cheaper than straight cash-flow loans. The reason for it being cheaper is because the borrowing company is in possession of a healthy balance sheet and is satisfying the obligations through sufficient generation of cash flows.
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Secondary Mortgage Market
Secondary Mortgage Market is a market wherein mortgage aggregators, securitizers, originators, and investors go to buy and sell mortgage loans and ...
Giffen Good
Good for which demand rises as the price escalates, and declines when the price decreases. It has an upward-sloping demand curve, contrary to the f ...
Inactivity Fee
Fee charged to investors by brokerages for infrequent trading in their brokerage accounts to meet the minimum trading requirement
CVE
Currency abbreviation for the Cape Verde escudo, the official currency of the Republic of Cape Verde. The CVE subunit is called the centavo. Instea ...
Product Recall Insurance
An insurance that covers the costs involved in recalling possibly defective products made by the insured.
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