Meaning NONPURPOSE LOAN: A loan with securities pledged as collateral, but which is not to be used in securities trading or transactions
More terms such as Nonpurpose loan in Dictionary N.
- Definition NOB Spread:
- Examples spread. This is the difference in yield between Treasury notes (maturing in 2 to 10 years) and Treasury bonds (maturing in 15 or more years), which is traded using Treasury note and bond futures nonpurpose loan definition.
- Definition Net Transaction:
- Examples A securities transaction in which no commissions or extra fees are paid, such as in an initial public offering nonpurpose loan explain.
- Definition Notice Of Sale:
- Examples A notice advertising a new issue of municipal securities and inviting underwriters to submit competitive bids nonpurpose loan what is.
- Definition Noncumulative Preferred Stock:
- Examples Preferred stock whose holders must forgo dividend payments when the company misses a dividend payment. Related: Cumulative preferred stock nonpurpose loan meaning.
- Definition Noncurrent Liability:
- Examples A liability due in one year nonpurpose loan abbreviation.