dealer loan
1Dealer loan — Overnight, collateralized loan made to a dealer financing his position by borrowing from a money market bank. The New York Times Financial Glossary …
2dealer loan — Overnight, collateralized loan from a money market bank made to a dealer financing his position by borrowing. Bloomberg Financial Dictionary …
3Dealer Financing — Loans that are originated by a retailer to its customers and are then sold to a bank or other third party financial institution. The bank purchases these loans at a discount and then collects principle and interest payments from the borrower.… …
4Primary Dealer Credit Facility — On March 17, 2008, in response to the subprime mortgage crisis and the collapse of Bear Stearns, the Federal Reserve announced the creation of a new lending facility, the Primary Dealer Credit Facility (PDCF). Eligible borrowers include all… …
5Indirect Loan — Any loan that is transferred from a dealer who originated the loan to a third party. Any buyer of indirect loans is known as a holder in due course and is now entitled to receive principal and interest payments. An example of an indirect loan is… …
6wheeler-dealer — noun A shrewd and often unscrupulous person who advances his own interests by scheming; a hustler. Seated at separate tables to underscore their differing levels of involvement with indicted savings and loan wheeler dealer Charles Keating, the… …
7general loan and collateral agreement — The agreement governing the broker dealer s borrowing against listed securities from a bank for the purpose of carrying on business and making transactions. Bloomberg Financial Dictionary See: broker loan rate. Bloomberg Financial Dictionary …
8policyholder loan bonds — Packaged loans acquired by policyholders that are secured by the cash surrender value of the policies, and are offered by a broker dealer as bonds. Bloomberg Financial Dictionary …
9clearing loan — One made to a bond dealer while an issue of bonds is being sold …
10clearing loan — One made to a bond dealer while an issue of bonds is being sold …
