Meaning GRANTOR TRUST: A mechanism of issuing MBS wherein the mortgages' collateral is deposited with a trustee under a custodial or trust agreement
More terms such as Grantor trust in Dictionary G.
- Definition Grace Period:
- Examples The time period stipulated in most loan contracts and insurance policies during which a late payment will not result in default or cancellation grantor trust definition.
- Definition Glamor Stock:
- Examples A popular stock characterized by high earnings growth rate and a price that rise is faster than the market average in a bull market grantor trust explain.
- Definition Ginnie Mae Pass-Through:
- Examples guaranteed by the Government National Mortgage Association that is backed by a collection of mortgages, in which the investor receives the interest and principal payments of participating homeowners grantor trust what is.
- Definition Gift Splitting:
- Examples avoid a gift tax in which a large sum of money to be given by two parents to a child is halved and given to the child separately For example, a husband and wife each donate $10,000 to their child grantor trust meaning.
- Definition Golden Hello:
- Examples A bonus a securities firm pays to attract an employee from a competing firm grantor trust abbreviation.
