Judgment By Default | Insurance Glossary

Definition of "Judgment by default"

Decision in the absence of a plaintiff or defendant at the specified court time.

When a real estate company switches from one accounting method to another. ...

English-style architecture named after King Gorge I-III and extremely popular in Great Britain and N ...

Evidence of a temporary contract obliging a life or health insurance company to provide coverage as ...

Partnership between an agency of the U.S. government and the Foreign Credit Insurance Association (5 ...

Nature and ability of soil and other materials to withstand weight of a structure. ...

Oral or written contract that is not enforceable by the judicial system. Examples are contracts with ...

When you are prequalified, the lender gives you an estimate but does not formally commit to giving y ...

A survey is an examination of a property\'s boundaries to determine the quantity of land, location o ...

A housing ratio is the percentage of your housing payment (principal, interest, taxes, and insurance ...

An appraisal is an estimate of the value of a certain property by a qualified, independent individua ...

An origination fee is a fee paid to a lender for processing a loan application. ...

Principal is the amount of money borrowed and still owed on a loan not including the interest. ...

Read why Real Estate Agent rates 5 Stars in 10 Agent Reviews