collateral value
21loan value — n. relation between the value of collateral and the amount of a loan …
22Bankruptcy in the United States — The United States Constitution (Article 1, Section 8, Clause 4) authorizes Congress to enact uniform Laws on the subject of Bankruptcies throughout the United States. Congress has exercised this authority several times since 1801, most recently… …
23Loss given default — Basel II Bank for International Settlements Basel Accords Basel I Basel II Background Banking Monetary policy Central bank Risk …
24Loss given default (LGD) — Loss Given Default or LGD is a common parameter in Risk Models and also a parameter used in the calculation of Economic Capital or Regulatory Capital under Basel II for a banking institution. This is an attribute of any exposure on bank s… …
25Dodd–Frank Wall Street Reform and Consumer Protection Act — Full title An Act to promote the financial stability of the United States by improving accountability and transparency in the financial system, to end too big to fail , to protect the American taxpayer by ending bailouts, to protect consumers… …
26LTV ratio — loan to value ( LTV) ratio The name used to refer to a credit analysis ratio that measures collateral coverage. To calculate the LTV ratio, the total amount of the borrower s obligations to the bank is divided by the total calculated value for… …
27open-end mortgage — A mortgage that allows the borrowing of additional sums, often on the condition that a stated ratio of collateral value to the debt be maintained. A mortgage that provides for future advances on the mortgage and which so increases the amount of… …
28deficiency balance — The difference between the amount due on a secured loan when combined with the value of the collateral where the collateral value is less than the loan balance (SA Bankruptcy.com) United Glossary of Bankruptcy Terms 2012 …
29mark-to-market — The IRS s practice of calculating gains and losses on open futures positions as of the end of the tax year. In other words, taxpayers open futures positions are marked to the market price as of the end of the tax year and taxes are assessed as if …
30Mark-to-market — The process whereby the book value or collateral value of a security is adjusted to reflect current market value. The New York Times Financial Glossary * * * mark to market UK US noun [U] ACCOUNTING, FINANCE ► the rule that shares, etc. should be …
