creditworthy
61ABL — USA asset based lending (ABL), Also known as asset based loan. A type of revolving loan where a lender lends an amount based on specific assets of the borrower rather than the borrower s cash flows. The lender lends up to a certain percentage of… …
62qualifying ratios — USA Data used to decide whether a potential borrower qualifies for a mortgage. Lenders compare a borrower s monthly income to the proposed monthly mortgage expenses to decide whether the borrower is creditworthy. A front or top ratio reflects the …
63International Finance Corporation — (IFC) USA Set up in 1956, the International Finance Corporation (IFC) is one of the five institutions that make up the World Bank Group. The IFC promotes sustainable economic growth in developing countries by: • Financing private sector… …
64IFC — International Finance Corporation (IFC) USA Set up in 1956, the International Finance Corporation (IFC) is one of the five institutions that make up the World Bank Group. The IFC promotes sustainable economic growth in developing countries by: •… …
65Bank of America Home Loans — Type Subsidiary of Bank of America Founded 1969 (Countrywide), February 2009 (Bank of America Home Loans) Headquarters Calabasas, CA, USA (Countrywide Financial) Cha …
66Misrepresentation in English law — is an area of English contract law, which allows a person to escape a contractual obligation or claim compensation for losses. If one person can show that she entered an agreement because of another person s false assurances, then the other… …
67Muljibhai Madhvani — Born May 18, 1894(1894 05 18) Aasiyapat, India Died July 8, 1958(1958 07 08) (aged 64) Kakira, Uganda Residence Kakira, Uganda …
68B2/B — This is generally the highest rating assigned to a non investment grade security or carrier. This rating signifies that the security or carrier is not creditworthy enough to be considered as an investment, and is therefore considered speculative …
69Ba2/BB — This is the next rating down from the highest non investment grade rating, regarded as speculative. This rating is assigned to less creditworthy carriers and securities by the ratings agencies. Investors and policyholders of these entities face a …
70Blended Rate — 1. An interest rate charged on a loan, which is in between a previous rate and the new rate. Blended rates are usually offered through the refinancing of previous loans, and charge a rate that is higher than the old loan s rate but lower than the …
