Front-end Money
Definition of "Front-end money"
Amount of money that must be charged or invested in the initial stage of a business transaction to demonstrate good faith as well as to help offset some expenses. For example, the customary 10% deposit on the initiation of an agreement of sale is a form of front-end money required to initiate the contract.
Popular Real Estate Terms
Latin for pending the suit. A suit which is actually in progress and the outcome is pending. ...
The broad use of credit to purchase a security. ...
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lender who charges an exorbitant interest rate, which is typically illegal because it exceeds the interest rate allowed in the state. A borrower may go to a loan shark if he cannot obtain ...
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