Financial Intermediaries
Same as term financial institutions: Institutions acting as intermediaries between suppliers and users of money. The financial markets are where those wanting funds are matched with those having surplus funds. The financial markets consist of money markets and capital markets. Money markets are the markets for short-term debt securities such federal agency securities, banker's acceptances, and negotiable certificates of deposit issued by public and private institutions. The New York Stock Exchange and American Stock Exchange are examples of capital markets. These exchanges are organized markets.. There are others markets such as the mortgage market which handling various real estate mortgages. A primary market refers to the market for new issues, while a secondary market deals with previously issued securities being exchange.
Popular Real Estate Terms
Rentals received in cash rather than on credit. ...
Kind of siding for wood frame houses where the joints in the usually vertical siding are covered by narrow strips of wood called battens. The battens are nailed over the joints. ...
The Debt-to-Income Ratio’s (DTI) definition is a measure that allows one to compare the ability an individual has to afford a monthly debt payment out of their monthly gross income. ...
Husband's common law rights to the property his deceased wife owned either during the marriage or at the time of her death. The husband has life estate rights in the deceased wife's ...
Same as term government rectangular survey: Way in which the U.S. government uses to subdivide public land. Land is designated as either a base line (East-West) or principal meridian line ...
The amount of inherent risk for a mortgage in granting a mortgage. An operating principle in mortgage risk rating is that the mortgage cannot exceed 2.5 times the mortgagor's annual income, ...
Writ issued by a superior court to a lower court requiring the latter to produce a record of the proceedings of a particular case. The purpose of a writ of certiorari is to review the ...
Legal obligation to pay for a benefit received as if a contract has actually occurred. This may arise in a few cases so that an equitable situation occurs. An example is when a homeowner ...
Street terminating at one end with only one outlet. A dead end street is not a through street. See also cul de sac. ...
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