Meaning DUE-ON-SALE CLAUSE: A mortgage contract clause stipulating that the borrower to pay off the full remaining principal on a mortgage if the mortgaged property is sold before the mortgage is paid off
More terms such as Due-on-sale clause in Dictionary D.
- Definition Daisy Chain:
- Examples Manipulation of the market by traders to create the illusion of active volume to attract investors due-on-sale clause definition.
- Definition Dogs Of The Dow:
- Examples 30 on the Dow Jones Industrial Average with the most depressed prices and consequently the highest yields. The investor buying these stocks speculates that they will bounce back over a one-year due-on-sale clause explain.
- Definition Date Of Issue:
- Examples of bonds to refer to the date on which a bond is issued and when interest accrues to the bondholder. Used in the context of stocks to refer to the date trading begins on a new stock issued to the due-on-sale clause what is.
- Definition Deficiency Letter:
- Examples Notification from the SEC to a prospective issuer of securities that revisions or additions need to be made to the preliminary prospectus due-on-sale clause meaning.
- Definition Distributing Syndicate:
- Examples A syndicate consisting of a number of brokerage firms or investment bankers that work together to sell and disperse a large lot of securities due-on-sale clause abbreviation.