SKIP ACCOUNT
Skip account is an account of a borrower that skips payment because of reasons such as moving without informing the lender and mislabels. The borrower defaults on the loan and skip tracers must be put to action. Skip tracers are the agents that traces and collects the payments of borrowers in a skip account. They are hired by lenders.
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DOP
Currency abbreviation for the peso oro, Dominican Republic’s lone official legal currency. The currency is comprised of 100 centavos and is p ...
Short-Term Paper
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Endowment
Financial asset donated to a non-profit institution, in the form of investment funds or property, with the purpose at the donor’s bequest. Th ...
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| 02:00 | Mid-Year Economic and Fiscal Outlook | ||
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