A communication that informs a party that the obligations of the original contract will not be fulfilled. …
Antioxidant Compound
A substance applied to aluminum wiring connections to seal and promote conduction. …
Appellant
A taxpayer or representative who appeals to a higher tribunal. …
Application
A document that details a potential borrower's income, debt, and other obligations to determine credit worthiness. …
Application Fee
Includes any fees that are paid upon application. An application fee may include charges for property appraisal and a credit report, if those fees are not reported separately. …
Appraisal
An opinion of the value of a property at a given point in time. Lenders require an independent assessment of the value of the home you are buying before agreeing to finance the purchase. …