Meaning REDUCTION-OPTION LOAN (ROL): A hybrid of a fixed-rate and adjustable-rate mortgage. An ROL the borrower to match the current mortgage rate, which then becomes fixed for the rest of the term. This reduction is usually allowed if rates drop more than 2% in a year
More terms such as Reduction-Option Loan (ROL) in Dictionary R.
- Definition Real:
- Examples of general equities. (1) natural, (2) not dividend roll-or program trading-related; (3) not tax-related. Real indications have three major repercussions: a) pricing will be more favorable to the reduction-option loan (rol) definition.
- Definition Retire:
- Examples To extinguish a security, as in paying off a debt reduction-option loan (rol) explain.
- Definition Rebalancing:
- Examples Realigning the proportions of assets in a portfolio as needed reduction-option loan (rol) what is.
- Definition Regression Toward The Mean:
- Examples The tendency that a random variable will ultimately have a value closer to its mean value reduction-option loan (rol) meaning.
- 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 reduction-option loan (rol) abbreviation.
