borrow on the mortgage
111Primary dealer — A primary dealer is a bank or securities broker dealer that may trade directly with the Federal Reserve System of the United States. [http://www.ny.frb.org/markets/primarydealers.html Federal Reserve Bank of New York:Primary Dealers] . Retrieved… …
112Cooperative banking — A statue of cooperative pioneer Robert Owen stands in front of the Manchester head office of the UK s Co operative Bank Cooperative banking is retail and commercial banking organized on a cooperative basis. Cooperative banking institutions take… …
113Uruguay — Uruguayan /yoor euh gway euhn, gwuy euhn/, adj., n. /yoor euh gway , gwuy /; Sp. /ooh rddooh gwuy /, n. 1. a republic in SE South America. 3,261,707; 72,172 sq. mi. (186,925 sq. km). Cap.: Montevideo. 2. a river in SE South America, flowing from… …
114peak debt — n. In an economy or household, the point at which the costs to service increasing debts become so high relative to income that no more debt can be taken on, so consumption plummets. Example Citations: A corollary, peak debt, was coined in 2006 by …
115Unemployment benefits — are payments made by governments to unemployed people. It may be based on a compulsory para governmental insurance system. Depending on the jurisdiction and the status of the person, those sums may be meager, covering only basic needs (thus a… …
116Foreclosure investment — refers to the process of investing capital in the public sale of a mortgaged property following foreclosure of the loan secured by that property. In real estate, foreclosure is the termination of the [equity] of redemption [Equity of redemption… …
117Lazarus Joseph — (January 25, 1891 May 23, 1966) was an attorney, six time New York State Senator from 1934 45 (21st District 1934 44, 24th District 1945), and New York City Comptroller (1946 1954). Career Born in the early 1890s on the Lower East Side of New… …
118STIR Future — A short term interest rate (STIR) future is a future which derives its value from the interest rate at maturation. Common short term interest rate futures are Eurodollar, Euribor, Euroyen, Short Sterling and Euroswiss, which are calculated on… …
119William Tollemache, Lord Huntingtower — William Lionel Felix Tollemache, Lord Huntingtower (4 July 1820 – 21 December 1872), styled Hon. William Lionel Felix Tollemache until 1840, was a controversial British nobleman, known for his financial entanglements and extramarital… …
120clear — clearable, adj. clearness, n. /klear/, adj., clearer, clearest, adv., clearer, clearest, v., n. adj. 1. free from darkness, obscurity, or cloudiness; light: a clear day. 2. transparent; pellucid: clear water …
