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 Relative Strength:
- Examples price over the past year as compared to a market index (like the S;P 500). A value below 1.0 means the stock shows relative weakness in price movement (underperformed the market); a value above 1.0 reverse-annuity mortgages (ram) definition.
- Definition Revolving Line Of Credit:
- Examples A bank line of credit on which the customer pays a commitment fee and can take and repay funds at will. Normally a revolving LOC involves a firm commitment from the bank for a period of several years reverse-annuity mortgages (ram) explain.
- Definition Retained Earnings Statement:
- Examples A statement of all transactions affecting the balance of a company's retained earnings account reverse-annuity mortgages (ram) what is.
- Definition Recession:
- Examples A temporary downturn in economic activity, usually indicated by two consecutive quarters of a falling GDP reverse-annuity mortgages (ram) meaning.
- Definition Ross, Stephen:
- Examples Developer of the Arbitrage Pricing Theory. Finance professor at MIT reverse-annuity mortgages (ram) abbreviation.
