A valuable document (a bond or other security) which does not bear the name of its legal owner; may be redeemed by whoever is in possession of it. …
Amortization
The preparation of a payment plan for a loan which allows for equal payments to be made to the creditor at consistent intervals over the life of the loan (the amortization period). Each payment covers …
Bedroom Community
A bedroom community is a residential area or suburban neighborhood located on the outskirts of a major city, where a significant portion of the residents commute to the city for work. These …
Amortization Schedule
The printed table of the payments to be made on an amortized loan showing the date and amount of each payment, the amount of each payment which will be applied to interest and to principal and the …
Before-Tax Cash Flow
Gross amount of money available for the use of the owner before taking into consideration taxes. …
Anaconda Mortgage
A specific kind of mortgage. Contains a clause that states that it secures all debts owed to the mortgagee by the mortgagor and applies to rules of the mortgage to all such debts. Clause is also known …