borrower of money
121Causes of the United States housing bubble — Mania for home ownershipAmericans love of their homes is widely known and acknowledged;cite news title=Home $weet Home |work=Time date=2005 06 13 url=http://www.time.com/time/magazine/0,9263,7601050613,00.html] however, many believe that… …
122Default notice — All credit applications (e.g., personal loans, credit cards or store cards) opened in the United Kingdom are regulated by the Consumer Credit Act 2006. This piece of legislation requires that creditors must issue a default notice to any customer… …
123interest — the cost of borrowing money. Glossary of Business Terms What is paid to a lender for the use of his money and includes compensation to the lender for three factors: 1) Time value of money (lender s rate) the value of today s dollar is more than… …
124Down payment — (or downpayment) is a payment used in the context of the purchase of expensive items such as a car and a house, whereby the payment is the initial upfront portion of the total amount due and it is usually given in cash at the time of finalizing… …
125credit — an entry made on the right hand side of an account and indicating a gain to a liability, owner s equity or revenue account. Glossary of Business Terms money loaned. Bloomberg Financial Dictionary * * * ▪ I. credit cred‧it 1 [ˈkredt] noun 1.… …
126Commercial lender (U.S.) — In the United States a commercial lender offers loans backed by hard collateral. In most cases this is real estate, but it can also include factoring, non conforming assets, or other sources of collateral. Contents 1 Commercial lending practices… …
127Returns (economics) — Returns, in economics and political economy, are the distributions or payments awarded to the various suppliers of the factors of production. Wages Wages are the return to labor the return to an individual s involvement (mental or physical) in… …
128interest — The most general term that can be employed to denote a right, claim, title, or legal share in something. In its application to real estate or things real, it is frequently used in connection with the terms estate, right, and title. More… …
