Lending & Credit
Lending & Credit
- 125% loan
- 3-2-1 buydown
- abatement
- ability to pay
- absolute liability
- abstract of judgment
- abstract update
- abut
- accelerated payment
- acceleration clause
- acceptance
- accommodation party
- accord and satisfaction
- accordion feature
- accrued depreciation
- acknowledgment
- actual damages (and special damages)
- ADC loan
- add-backs
- add-on interest
- addendum
- additional collateral
- additional principal payment
- adjustment date
- advance rate
- adverse selection
- affordability index
- affordable housing
- after acquired clause
- after repair value (ARV)
- age-life depreciation
- aged debt
- agency debenture
- aggregate adjustment
- alienation clause
- allodial system
- alt-a
- alternative or specialty investments
- amenities
- American Land Title Association (ALTA) policy
- American standard
- amortization schedule
- amortization term
- amortize
- amortized
- anchor tenant
- annexation
- annual mortgage constant
- annual statement
- anticipation
- Appleton rule
- applicable federal rate
- application fee
- application for letter of credit
- appurtenant easement
- appurtenant structure
- APR
- arbitration clause
- area
- ARM margin
- asset conversion loan
- asset-based finance
- asset-based lending
- asset-liability committee (ALCO)
- assumed interest rate
- assumption
- automated underwriting system
- automatic reinstatement clause
- avalize
- average daily balance
- average daily balance method
- average life
- average outstanding balance
- average settlement period
- B/C Loan
- back to back letter of credit
- back-to-back letters of credit
- bad debt provision
- bad debt reserve
- bad paper
- balance transfer
- balance-sheet loan
- balloon loan
- balloon note
- balloon payment
- bank
- bank bill swap bid rate (BBSY)
- bank credit
- bank discount
- bank guarantee
- Bank Letter Of Credit Policy
- bank loan
- bank pool loan
- bank term loan
- bankrupt
- bankruptcy
- base rate
- Basel I
- Basel II
- basis rate swap
- best-interests-of-creditors test
- bi-weekly mortgage loan
- bilateral credit limit
- bilateral facility
- blanket assignment
- blanket credit line
- blended rate
- book runner
- borrow
- borrower
- borrower's note
- borrowing base
- bridge financing
- bridge loan
- broker loan rate
- building society
- bullet repayment
- business credit
- business finance companies
- buydown
- call loan
- callable loan
- cancellation of debt
- capital investment loan
- capital mortgage
- capital note
- Capital Purchase Program (CPP)
- capitalized cost reduction
- cash advance
- cash advance rate
- cash basis loan
- cash credit
- cash deficiency agreement
- cash management bill
- cash-flow financing
- ceiling
- Certificate of Claim
- certificate of eligibility
- Certified Consumer Debt Specialist (CCDS)
- Chapter 10
- Chapter 11
- Chapter 7
- character loan
- charge card
- charge off
- classified loan
- clean
- clearinghouse funds
- closed-end credit
- co-investment
- co-ownership
- code of ethics
- COF Index
- COFI
- collateral
- collateral management
- collateral note
- collateralized borrowing and lending obligation (CBLO)
- collateralized debt obligation cubed (CDO-cubed)
- collateralized debt obligation squared (CDO-squared)
- collection float
- comaker
- combined loan to value ratio
- commercial bank
- commercial credit
- commercial finance
- commercial lender
- commercial lending
- commercial loan
- commitment fee
- commitment letter
- committed facility
- competitive bid option
- compound interest
- conditional claim rate
- conditional prepayment rate (CPR)
- conduit borrower
- confirmed irrevocable letter of credit
- confirmed letter of credit (L/C)
- conforming loan
- consolidation loan
- constant default rate (CDR)
- constant maturity swap
- constant payment
- constant payment loan
- Constant Proportion Debt Obligation (CPDO)
- construction interest expense
- consumer credit
- consumer credit counseling
- consumer finance
- consumer loan
- consumer reporting agency
- contingent credit default swap (CCDS)
- continuous compounding
- conventional pass-through
- convertible loan
- corporate credit
- corporate guaranty
- cosigner
- cost of debt capital
- cost of funds
- covered margin
- cramdown
- creative financing
- credit agency
- credit application
- credit bureau
- credit card
- credit card balance transfer
- credit check
- credit committee
- credit control
- credit cycle
- credit default swap
- credit derivative
- credit enhancement
- credit facility
- credit freeze
- credit grantor
- credit history
- credit inquiry
- credit instrument
- credit limit
- credit line
- credit monitoring service
- credit netting
- credit note
- credit rationing
- credit repair
- credit report
- credit score
- credit scoring
- credit sleeve
- credit sweep
- credit utilization rate
- creditor
- creditor's committee
- creditors' turnover
- creditworthiness
- creditworthy
- cross-collateralization
- crowding out
- Crown Loan
- cure period
- current exposure method
- customers' net debit balance
- date of maturity
- dating
- dealer paper
- death put
- debenture redemption reserve
- debit balance
- debt accordion
- debt cancellation
- debt cancellation contract
- debt collector
- debt consolidation
- debt displacement
- debt exchangeable for common stock (DECS)
- debt fatigue
- debt retirement
- debt security
- debt service
- debt settlement
- debt snowball
- debt swap
- debt to credit ratio
- debt to income ratio
- debt to worth ratio
- debtor in possession
- debtor-in-possession financing
- deceased alert
- default
- default risk
- deferral principal
- deferred payment
- deferred payment letter of credit
- degree of combined leverage (DCL)
- degree of financial leverage (DFL)
- degree of operating leverage (DOL)
- deleverage
- delinquent
- demand line of credit
- demand loan
- Depository Institutions Deregulation and Monetary Control Act
- direct loan
- directors' indemnities
- discharge
- discount interest
- discount loan
- discount window
- discounted bill
- discrete compounding
- disposition fee
- double leverage
- double net lease
- draw period
- dynamic gap
- earnings credit rate
- economic accrual of interest
- effective annual interest rate
- electronic wallet
- eligible accounts
- Emirates Interbank Offered Rate (EIBOR)
- Equal Credit Opportunity Act
- equilibrium rate of interest
- equity note
- equity participation loan
- equity stripping
- esoteric debt
- Euro Interbank Offer Rate (EURIBOR)
- event of default
- evergreen
- evergreen loan
- ex ante real interest rate
- ex post real interest rate
- exact interest
- excess loans
- expected family contribution
- Experian
- explicit interest
- exposure at default
- extendable swap
- face interest rate
- face-amount certificate company
- FAFSA
- Fair Credit Reporting Act
- Fair Debt Collection Practices Act
- fair market value lease
- fallout risk
- federal credit agencies
- Federal Financing Bank
- Federal Home Loan Bank Act
- Federal Housing Finance Board
- Federal Intermediate Credit Bank
- Federal Land Bank
- Federal Savings and Loan Insurance Corporation (FSLIC)
- Federal Student Aid
- FICO score
- finance charge
- finance company
- financial aid
- financial covenants
- financial institution
- financial leverage
- financial obligation ratio (FOR)
- financial risk
- Financing Corporation (FICO)
- financing cost
- first lien debt
- fixed for floating swap
- fixed interest
- fixed rate
- fixed-rate loan
- flat interest rate
- floating charge
- floating debt
- floating lien
- floating rate
- floor limit
- forbearance
- foreign banking market
- forward differential
- forward interest rate
- Forward Rate Agreement
- forward sale
- Free Application for Federal Student Aid
- full faith and credit
- fully amortizing payment
- fully indexed interest rate
- funded debt
- funding
- global debt facility
- good faith estimate
- government obligations
- government sponsored enterprise (GSE)
- graduated payment
- graduated payment mortgage
- Gramm-Leach-Bliley Act
- Greenspan put
- gross coupon
- growing equity mortgage
- guaranteed sale program
- haircut
- hard inquiry
- high credit
- high loan to value equity loan
- highly leveraged transaction
- home equity line of credit
- home keeper
- home loan
- homemade leverage
- horizontal property laws
- housing bubble
- housing expense
- housing investment
- HUD median income
- humped yield curve
- hybrid ARM
- hypothecation
- I-banker
- illiquidity
- impaired credit
- implied agency
- implied agreement
- implied rate
- improved land
- income approach
- income limits
- income sensitive repayment (ISR)
- incremental borrowing rate
- incremental cost of capital
- indexed loan
- indirect loan
- ineligible accounts
- insolvency
- insolvent
- installment
- installment loan
- installment receipt
- insured mortgage
- intangibles
- interbank call money market
- interbank loan
- interbank spread
- intercompany loans
- interest payable
- interest rate
- interest rate agreement
- interest rate derivative
- interest rate exposure
- interest rate guarantee
- interest rate on debt
- interest rate spread
- interest reserve account
- interest shortfall
- interest warrant
- interest-only loan
- interim borrowing
- interim financing
- internote
- inventory financing
- inventory lien
- involuntary liquidation
- IOU
- Jarrow Turnbull model
- Johannesburg Interbank Agreed Rate (JIBAR)
- joint and several liability
- jumbo loan
- jumbo mortgage
- junior debt
- Keating Five
- landmark
- larger parcel
- late payment
- lateral and subjacent support
- lawful interest
- leaching cesspool
- leads
- leaking underground storage tank (LUST)
- lease acquisition cost
- lease commencement date
- lease expiration exposure schedule
- lease term
- leasehold estate
- leasehold improvements
- leasehold interest
- leasehold mortgage
- leasehold state
- Leasing
- legal assets
- legal lending limit
- lend
- lender
- lending
- lending agreement
- lending facility
- lending standards
- letter of collection
- letter of credit
- leverage
- leverage build up
- leverage ratio
- leverage up
- liability swap
- liar loan
- lien waiver
- life of loan cap
- limited recourse debt
- line of credit
- liquidity fund
- loan
- loan amortization
- loan amortization schedule
- loan calculator
- loan capital
- loan commitment
- loan credit default swap index (LCDX)
- loan guarantee
- loan loss reserve
- loan modification
- loan note
- loan officer
- loan origination fee
- loan processing fee
- loan register
- loan schedule
- loan sharking
- loan strip
- loanable funds theory
- lock-in
- Lombard loan
- long-term financing
- long-term loan
- loss given default
- LTC
- LTV
- lump sum
- make whole provision
- margin interest
- margin lending
- market discipline
- Market Index Target Term Securities (MITTS)
- market interest rate
- market rate
- match fund
- McDonough ratio
- Merton model
- micro venture capital
- minimum payment
- money at call
- money factor
- mortgage putback
- mortgage rate
- mortgage recast
- mortgage referrals
- mortgage servicing rights (MSR)
- mortgage spreading agreement
- mortgage subsidies
- mortgagee
- mortgager
- mortgagor
- mudroom
- multi-dwelling units
- multi-option financing facility (MOFF)
- multi-peril policies
- multiple dwelling
- multiple regression
- multiple-issuer pools
- Mumbai Interbank Offered Rate (MIBOR)
- mutual water company
- naked title
- narrative report
- National Association of Master Appraisers
- National Council of Real Estate Investment Fiduciaries (NCREIF)
- National Foundation for Credit (NFCC)
- negative amortization
- negative equity
- negative equity financing
- negative interest rate
- negative leverage
- negotiable instrument
- negotiated sale
- net borrower
- net interest expense
- net interest spread
- no protest
- nominal yield spread
- non-accrual loan
- non-business bad debt
- non-conforming loan
- non-purpose loan
- non-revolving credit card
- nondepository credit institution
- nonperforming asset
- nonproductive loan
- nonrecourse debt
- note loan
- Notice of Default
- notional
- notional principal amount
- novation
- on account
- on-the-spot loan
- open-end credit
- open-end mortgage
- open-ended loan
- operating cost escalation
- operation of law
- opportunistic
- option ARM loan
- option fee
- option listing
- option to renew
- oral contract
- ordinary gain
- ordinary interest
- out parcel
- outside of closing
- outstanding debt
- overadvance
- overall liquidity ratio
- overdraft
- overnight index swap
- overnight rate
- owe
- paid
- paid up
- Parent Loans for Undergraduate Students
- partial prepayment
- partial release
- partial sale
- partially amortized loan
- participation loan
- passbook loan
- past-due balance method
- pawn broker
- pay as you go basis
- paydown
- payment power
- payment rate
- payment shock
- payor
- performance based fees
- performance measurement
- periodic interest rate
- Perkins loan
- person-to-person lending
- personal guarantee
- personal interest
- personal interest expense
- pledge
- pledging
- PLUS loan
- points
- portfolio loan
- positive carry
- positive leverage
- pre-approval
- preclosing
- precompute
- predatory lending
- prepaid fees
- prepaid items
- prepayment
- prepayment privilege
- PreTSL (Preferred Term Securities, Ltd.)
- previous balance method
- primary credit rate
- Primary Dealer Credit Facility (PDCF)
- primary mortgage market
- prime
- prime accounts
- prime rate
- principal risk
- prior appropriation
- prior redemption privilege
- private funds
- private money
- pro-rata tranche
- proceeds
- production rate
- promissory note
- public income notes (PINES)
- punitive rate
- purchase loan
- pure lease
- purpose statement
- qualitative risk analysis
- range of value
- rate lock
- rate reset
- rate shopping
- rating trigger
- real estate fundamentals
- Real Estate Investment Trust Act of 1960
- Real Estate Mortgage Trust (REMT)
- real estate owned
- real estate recovery fund
- real interest rate
- real property
- realtist
- reappraisal lease
- reasonable time
- recapture clause
- recapture rate
- recast payment
- recasting
- receipt
- receivership
- record title
- recorder
- recourse
- recourse loan
- red clause letter of credit
- rediscount rate
- reduction-option loan (ROL)
- REFCORP
- reference asset
- reference entity
- reference obligation
- reference rate
- refinancing
- Regulation Z
- release of liability
- rent loss insurance
- rent schedule
- rent up period
- rentable to usable ratio
- rental agency
- rental agreement
- rental growth rate
- repairs
- repayment plan
- repayment schedule
- repo rate
- repossession
- required reserve rate
- rescheduled loan
- reserve
- reset date
- reset frequency
- resolution trust corporation (RTC)
- retail lending
- revolving letter of credit
- revolving line of credit
- revolving loan
- Reykjavik Interbank Offered Rate (REIBOR)
- right of recourse
- risk-free interest rate
- roll over
- row house
- Rule of 78
- sales contract
- salesperson
- sandwich lease
- satisfaction of debt
- scholarship
- Schumer's box
- second home
- second lien debt
- second mortgage
- secondary credit rate
- secured
- secured credit card
- secured loan
- securities finance
- security loan
- seller financing
- seller's expenses
- seller's points
- senior
- senior bank loan
- senior convertible note
- senior debt
- senior security
- senior stretch loan
- servicer
- severance damages
- shadow banking system
- shared equity transaction
- short form document
- short rate
- sight letter of credit
- signature loan
- simple interest
- Singapore interbank offered rate (SIBOR)
- single-payment loan
- sinking fund schedule
- situs
- soft loan
- solvent
- special servicer
- specialty REIT
- specific performance
- speculative space
- split rate
- spot loan
- stabilized net operating income
- stabilized occupancy
- Stafford loan
- standby letter of credit
- standby loan commitment
- stated annual interest rate
- stigmatized property
- Stockholm interbank offered rate (STIBOR)
- straight lease
- straight loan
- straight note
- straight-lining
- straw man
- strict foreclosure
- strict liability
- strip center
- stripped mortgage-backed securities
- structural defects
- structured arbitrage transaction
- structured finance
- student loan
- student loan consolidation
- subordinate interest
- subordinated debt
- subprime loan
- subrogate
- subsequent rate cap
- subsidized housing
- substandard
- success coach
- suit for possession
- summons
- sundry creditors
- sundry debtors
- swap
- swing loan
- swingline loan
- take-out loan
- tax deed
- tax map
- tax participation clause
- teaser loan
- technical bankruptcy
- TED spread
- tenancy in partnership
- tenant contributions
- tenant improvement (TI)
- tenant improvement allowance
- term deposit
- term finance certificate (TFC)
- term loan
- Termination Statement
- time note
- tipping point
- title insurance binder
- title loan
- title paramount
- title report
- title risk
- tolling
- topography
- topping off
- total annual loan cost (TALC)
- townhouse
- toxic assets
- tract index
- trade fixture
- trade in
- trade usage
- trading down
- transfer of ownership
- transfer of physical assets (TPA)
- transferable letter of credit
- transferor
- TransUnion
- treasury lock
- triple net lease
- turnkey project
- UCC-1 Statement
- uncommitted facility
- underwriters knot
- undisclosed agency
- undue influence
- unearned interest
- Uniform Customs and Practices (Brochure 500)
- unincorporated association
- uninsured certificate of deposit
- unitranche debt
- universal default
- unsecured
- unsecured loan
- unstated interest paid
- upzoning
- urban renewal
- urban sprawl
- usable square footage
- use
- use value
- usufructuary right
- usury
- utilization fee
- valuable consideration
- variable rate
- vendor financing
- vendor note
- Verification of Deposit (VOD)
- Verification of Employment (VOE)
- vested interest
- Vienna interbank offered rate (VIBOR)
- voucher
- wage assignment
- Wall Street Journal prime rate
- warrantable condos
- waste line
- wasteland
- waterfront property
- way
- weighted average coupon
- weighted average equity
- weighted average maturity
- weighted average remaining term (WART)
- whole pool
- wholesale money
- widely held fixed investment trust (WHFIT)
- working capital loan
- wraparound loan
- yield maintenance
- yield spread premium
- zero-bound interest rate
- zero-floor limit