Meaning PURCHASE-MONEY MORTGAGE: A mortgage given by a buyer in lieu of cash when the buyer is unable to borrow commercially for the purchase of property
More terms such as Purchase-money mortgage in Dictionary P.
- Definition Policyholder:
- Examples An individual who owns an insurance policy purchase-money mortgage definition.
- Definition Production Rate:
- Examples The coupon rate at which a pass-through security guaranteed by Ginnie Mae is issued purchase-money mortgage explain.
- Definition Personal Trust:
- Examples An interest in an asset held by a trustee for the benefit of another person purchase-money mortgage what is.
- Definition Profitability Ratios:
- Examples on how well a firm is performing. Profit margins measure performance with relation to sales. Rate of return ratios measure performance relative to some measure of size of the investment purchase-money mortgage meaning.
- Definition Parallel Shift In The Yield Curve:
- Examples conditions in which the change in the interest rate on all maturities is the same number of basis points. In other words, if the three month T-bill increases 100 basis points (one %), then the 6 purchase-money mortgage abbreviation.