Meaning JUMBO LOAN: Loans of $1 billion or more. Or, loans that exceed the statutory size limit eligible for purchase or securitization by the federal agencies
More terms such as Jumbo loan in Dictionary J.
- Definition Junk Bond:
- Examples speculative credit rating of BB (S;P) or Ba (Moody's) or lower. Junk or high-yield bonds offer investors higher yields than bonds of financially sound companies. Two agencies, Standard ; Poors jumbo loan definition.
- Definition Junior Issue:
- Examples A debt or equity issue from one corporation over which the issue of another firm takes precedence with respect to dividends, interest, principal, or security in the event of liquidation jumbo loan explain.
- Definition Junior Security:
- Examples A security that has a lower-priority claim on a company's assets and income than a senior security. For example common stock is junior to preferred stock jumbo loan what is.
- Definition Joint Bond:
- Examples A bond that is guaranteed by the issuer and a party other than the issuer jumbo loan meaning.
- Definition Just-In-Time Inventory Systems:
- Examples Systems that schedule materials to arrive exactly when they are needed in the production process jumbo loan abbreviation.
