nonrecourse loan

  • 31Commercial bank — After the implementation of the Glass–Steagall Act, the U.S. Congress required that banks engage only in banking activities, whereas investment banks were limited to capital market activities. As the two no longer have to be under separate… …

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  • 32Real estate economics — is the application of economic techniques to real estate markets. It tries to describe, explain, and predict patterns of prices, supply, and demand. The closely related fields of housing economics is narrower in scope, concentrating on… …

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  • 33Emergency Economic Stabilization Act of 2008 — This article is about one division of an enacted statute. For the entire statute, see Public Law 110 343. For the enacted rescue program, see Troubled Asset Relief Program. The Emergency Economic Stabilization Act of 2008 (Division A of Pub.L.… …

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  • 34Negative equity — occurs when the value of an asset used to secure a loan is less than the outstanding balance on the loan.[1] In the United States, assets (particularly real estate, whose loans are mortgages) with negative equity are often referred to as being… …

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  • 35Securities lending — In finance, securities lending or stock lending refers to the lending of securities by one party to another. The terms of the loan will be governed by a Securities Lending Agreement , which, under U.S. law, requires that the borrower provides the …

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  • 36Marketing assistance loans — are nonrecourse loans made available to producers of loan commodities (wheat, corn, grain sorghum, barley oats, upland and ELS cotton, rice, soybeans, other oilseeds, honey, wool, mohair, dry peas, lentils, and small chickpeas) under the 2002… …

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  • 37Commissioner v. Tufts — Supreme Court of the United States Argued November 29, 1982 Decided May 2, 1983 …

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  • 38non-recourse — UK US (also nonrecourse) adjective [before noun] ► FINANCE used to describe a loan in which the lender has the right to take only the asset bought with the loan if it is not paid back, and does not have the right to take any other assets: non… …

    Financial and business terms

  • 39Litigation funding — (aka lawsuit loan, plaintiff cash advance, legal financing) is a practice in which individuals who are plaintiffs in lawsuits receive money from firms and individuals who take a lien on the proceeds of a personal injury suit in return for ready… …

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  • 40John Latham (Whitewater) — John Latham former Madison Guaranty CEO in Little Rock, Arkansas.Madison Guaranty were owned and run by Jim McDougal and Susan McDougal. On February 7, 1985 Jim McDougal wrote to Gov. Bill Clinton to recommend John Latham for the Arkansas State… …

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