Financial Markets
Same as term financial institutions and markets: 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.' financing fee;"Same as term finance charge: Fee for the cost of a loan including interest and points. Points (1 point= 1% of the total loan) are advance charges for a mortgage, whereas interest in charge over the life of the mortgage. Interest and points add to the total cost of the loan.
Popular Real Estate Terms
To understand what an abatement notice is, one needs to understand the concept of nuisance abatement. Abatement notice is the notice given to the owner (or occupier) of a property as ...
Having two families live in a residence designed for only one family. This violates single-family residence zoning. ...
Property owned and held jointly and equally shared by each spouse. It is purchased during their marriage, regardless of the wage-earning situation of either spouse. A spouse may not make a ...
Illegally keeping or holding on to someone else's property. An example is a tenant staying in the apartment after the lease has expired. A court order may be sought to evict the tenant. ...
How much water may be retained in a unit, such as an expansion tank in a home. ...
People say time is money. The old-age cliche applies more than ever in our case as we define what the Time Value of Money (TVM) means. You’ll find the term time value for money ...
Buyer who is acting in good faith, is not aware of any outstanding claims or rights of others to the property, and has given valuable consideration as part of the business transaction. ...
Once of a set of timbers used in the construction of a building or for esthetic purpose, the land around a property for beautification. ...
An agreement in which the trustee takes title of the property ( called corpus) owned by the grantor (donor) to protect or conserve it for either the grantor or the trust's beneficiary. The ...
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