loan extension
1loan — n 1 a: money lent at interest b: something lent usu. for the borrower s temporary use 2: a transfer or delivery of money from one party to another with the express or implied agreement that the sum will be repaid regardless of contingency and usu …
2loan — [n] money given temporarily accommodation, advance, allowance, credit, extension, floater, investment, mortgage, time payment, trust; concept 332 loan [v] give money, possession temporarily accommodate, advance, allow, credit, lay on one, lend,… …
3extension of credit — index loan Burton s Legal Thesaurus. William C. Burton. 2006 …
4Loan Modification — A modification to an existing loan made by a lender in response to a borrower s long term inability to repay the loan. Loan modifications typically involve a reduction in the interest rate on the loan, an extension of the length of the term of… …
5extension */*/*/ — UK [ɪkˈstenʃ(ə)n] / US noun Word forms extension : singular extension plural extensions 1) a) [countable] an extra room or rooms added to a building We are building an extension on the back of our house. extension to: He has applied for… …
6Loan Modification Specialist — A mortgage specialist who deals specifically with loan modifications. Loan modification specialists work with borrowers who are close to or have defaulted on their mortgage. A loan modification is simply an adjustment made to the terms of the… …
7extension — ex|ten|sion [ ık stenʃən ] noun *** ▸ 1 extra time allowed ▸ 2 telephone line ▸ 3 extra part added ▸ 4 something added to something long ▸ 5 development of idea etc. ▸ 6 stretching of body part ▸ 7 increase in power ▸ 8 special classes ▸ 9… …
8Extension Risk — The risk of a security s expected maturity lengthening in duration due to the deceleration of prepayments. Extension risk is mainly the result of rising interest rates, and is generally associated with mortgage related securities. The opposite of …
9extension*/*/ — [ɪkˈstenʃ(ə)n] noun [C] 1) an extra part that is added to a building We are building an extension on the back of our house.[/ex] 2) an extra period of time that is added to the original period Brady wants a two year extension to his… …
10Student loan — A student loan is designed to help students pay for university tuition, books, and living expenses. It may differ from other types of loans in that the interest rate may be substantially lower and the repayment schedule may be deferred while the… …