Meaning REVERSE-ANNUITY MORTGAGES (RAM): Bank loan for an amount equal to a percentage of the appraisal value of the home. The loan is then paid to the homeowner in the form of an annuity
More terms such as Reverse-annuity mortgages (RAM) in Dictionary R.
- Definition Rights Offering:
- Examples shareholders that allows them to purchase additional shares, usually at a discount to market price. Holdings of shareholders who do not exercise rights are usually diluted by the offering. Rights are reverse-annuity mortgages (ram) definition.
- Definition Regulatory Pricing Risk:
- Examples Risk that arises when insurance companies are subject to regulation of the premium rates that can they charge reverse-annuity mortgages (ram) explain.
- Definition Recovery:
- Examples The use of depreciation of assets to offset costs; or a new period of rising securities prices after a period of declining security values reverse-annuity mortgages (ram) what is.
- Definition Refunding Escrow Deposits (REDs):
- Examples instrument involving a forward purchase contract that obligates investors to buy bonds at a certain rate when issued. The future date coincides with the first optional call date on an existing high reverse-annuity mortgages (ram) meaning.
- Definition Revocable Trust:
- Examples altered as many times as desired in which income-producing property passes directly to the beneficiaries at the time of the grantor's death. Since the arrangement can be altered at any time, the reverse-annuity mortgages (ram) abbreviation.
