loan amortization table
Describes the repayment of a loan to the lender with interest. Based on the loan’s amount, interest rate, and length, a monthly payment is determined
Describes the repayment of a loan to the lender with interest. Based on the loan’s amount, interest rate, and length, a monthly payment is determined
A document that presents a borrower’s income, debt, and other obligations to determine credit worthiness, as well as some basic information on the target property.
fee charged to process an application for a loan, such as a home mortgage from a lender or mortgage broker. (source: http://www.investopedia.com/terms/l/loan-application-fee.asp#ixzz26SUCtlH7)
A type of asset that can be easily converted into cash with minimal impact to the price received. Liquid assets are generally regarded in the
Liquid cash represents the most fluid asset a company can own. These items can include cash, demand deposits, time and savings deposits and short-term saving
A measure of the extent to which a person or organization has cash to meet immediate and short-term obligations, or assets that can be quickly
A corporation whose stock trades on one of the seven U.S. stock exchanges. (source: http://www.investorwords.com/15094/listed_company.html#ixzz2Yjxe7eLC)
The process of taking legal action. https://www.lexico.com/en/definition/litigation
A written or oral agreement for a temporary transfer of a property (usually cash) from its owner (the lender) to a borrower who promises to
Formal document that evidences a loan. It may also include negative and positive covenants, type and value of the collateral pledged, guaranties, financial reporting requirements,
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