Meaning RATE LOCK: An agreement between the mortgage banker and the loan applicant guaranteeing a specified interest rate for a designated period, usually 60 days
More terms such as Rate lock in Dictionary R.
- Definition Retirement:
- Examples Removal from circulation of stock or bonds that have been reacquired or redeemed rate lock definition.
- Definition Road Show:
- Examples A promotional presentation by an issuer of securities to potential buyers about the desirable qualities of the investments rate lock explain.
- Definition Reclamation:
- Examples right to return or the right to demand the return of a security that has been previously accepted as a result of bad delivery or other irregularities in the delivery and settlement process rate lock what is.
- Definition Research Portable:
- Examples Service offered to clients that transmits investment bank research electronically by computers rate lock meaning.
- Definition Receivables Turnover Ratio:
- Examples Total operating revenues divided by average receivables. Used to measure how effectively a firm is managing its accounts receivable rate lock abbreviation.
