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Banking
The business of a banker, banking involves an establishment for the loaning, holding, exchanging, or issuing of money. Also deals with the transmission of funds and the extensions of credit.
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Banking > Mortgage 
discount points
Banking; Mortgage
Discount points are charges paid to the lender voluntarily, usually at closing by the borrower or seller, to reduce the interest rate. One point is equal to 1 percent of the ...
discounted loan
Banking; Mortgage
When the interest rate on a loan is less than the market rate, it is a discounted loan. However, the lender requires additional discount points to raise the yield or return on the ...
down payment
Banking; Mortgage
Money paid to make up the difference between the purchase price and the mortgage amount.
earnest money
Banking; Mortgage
Funds delivered to the seller or an escrow agency by the purchaser with the purchase agreement as evidence of good faith.
encroachment
Banking; Mortgage
An improvement that illegally violates another's property or right to use that property.
encumbrance
Banking; Mortgage
Anything that affects or limits the fee simple title to property, such as mortgages, liens, leases, easements, or restrictions.
escrow account
Banking; Mortgage
The person or organization having a responsibility to both the buyer and seller (or lender and borrower) to see that the terms of the purchase/sale (or loan) are carried out. Also ...
Sub-categories
- General banking (976)
- Initial public offering (2798)
- Investment banking (26902)
- Loan & advances (157)
- Merchant banking (150)
- Mergers & acquisitions (3237)
- Mortgage (522)
- Personal banking (1499)
- Refinance (1590)
- Savings (211)
- Underwriting (39)