hypothecation loan definition
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What Is Hypothecation? Hypothecation refers to the pledging of assets as collateral for a debt, and it means that certain assets may be at risk if you can't pay your bills. Defined broadly, hypothecation refers to the practice of pledging an asset as collateral for a loan while still retaining ownership, as is commonly done to obtain a mortgage on a house. Here is an overview of the various types of hypothecation and how it could affect you. Hypothecation in lending.
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- loan schedule. Definition. A listing of the amounts of principal and interest, due dates, and balance after payment for a given loan.
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What is 'Forbearance' What is 'Forbearance'. Forbearance is a temporary postponement of mortgage payments. Forbearance is a form of repayment relief granted by the lender or creditor in lieu of forcing a property into foreclosure. Loan owners and loan insurers may be willing to negotiate forbearance options, because the losses generated by property foreclosure typically fall on them.
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Secured loan A mortgage loan is a secured loan in which the collateral is property, such as a home. A nonrecourse loan is a secured loan where the collateral is the only security or claim the creditor has against the borrower, and the creditor has no further recourse against the borrower for any deficiency remaining after foreclosure against the property.
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Loan payable Loan Payable. Definition: A loan is an arrangement under which the owner of property (usually cash) allows another party the use of the property in exchange for an interest payment and the return of the property at the end of the lending arrangement.The loan is documented in a promissory note.efinition: A loan is an arrangement under which the owner of property (usually cash) allows another party the use of the property in exchange for an interest payment and the return of the property at the end of the lending arrangement.
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Hypotheses An hypothesis is a specific statement of prediction. It describes in concrete (rather than theoretical) terms what you expect will happen in your study. Not all studies have hypotheses. Sometimes a study is designed to be exploratory (see inductive research). There is no formal hypothesis, and perhaps the purpose of the study is to explore some area more thoroughly in order to develop some specific hypothesis or prediction that can be tested in future research.
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repayment schedule Definition. Detailed outline of a borrower's loan agreement with a lender that shows the original loan amount, when payments are due, and how much of the payment goes to the principal and interest repayment.This statement may be provided on a monthly basis or may be issued when the loan is originally acquired.etailed outline of a borrower's loan agreement with a lender that shows the original loan amount, when payments are due, and how much of the payment goes to the principal and interest repayment.
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purchase loan purchase loan. Definition. A loan that is acquired to purchase something. Car loans and home loans are considered to be purchase loans. Purchase loans are usually repaid over a designated point of time and are issued with some sort of fixed or variable interest rate. Use purchase loan in a sentence.
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Prepayment Penalty A prepayment penalty, also known as a “prepay” in the industry, is an agreement between a borrower and a bank or mortgage lender that regulates what the borrower is allowed to pay off and when.o if a borrower has a mortgage rate of 6.5% on a $500,000 loan amount, their interest-only payment comes out to $2708.33 per month. Multiply that by six months, take 80% of the total, and you end up with a hefty prepayment penalty of $13,000. An example of a prepayment penalty:
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- DEFINITION of 'Loan Committee'. The lending or management committee of a bank or other lending institution that analyzes and subsequently approves or rejects any loan that the initial loan officer does not have the authority to approve.First, the committee ensures that the loan meets standard lending policy.he lending or management committee of a bank or other lending institution that analyzes and subsequently approves or rejects any loan that the initial loan officer does not have the authority to approve.
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Upfront Guarantee Fee and Annual Fee for Fiscal Year (FY) 2016 (USDA) This message provides advance notice of the upfront guarantee fee and annual fee structure that will be effective for Single Family Housing Guaranteed Loan Program (SFHGLP) loans in fiscal year (FY) 2016. FY 2016 begins October 1, 2015 and ends at the close of business on September 30, 2016.
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hypnosis Definition of hypnosis. plural. hypnoses. play \hip-ˈnō-ˌsēz\. 1 : a trancelike state that resembles sleep but is induced by a person whose suggestions are readily accepted by the subject. 2 : any of various conditions that resemble sleep. 3 : hypnotism 1.
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What is hypothecation? Definition and meaning Hypothecation is a situation in which an individual or company borrows money in relation to specific assets that become the property of the lender if the loan cannot be paid back. A hypothetic is the right of the lender or creditor to take a borrower’s asset if a debt or obligation is not repaid, but in the meantime, that asset remains in the borrower’s possession.
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Loan Commitment Letter A loan commitment letter is a letter provided by a mortgage lender that indicates a borrower has passed their underwriting guidelines and that they are willing to offer the borrower a home loan. A loan commitment letter is an indication that the buyer’s home loan has been approved. It is different from a lender pre-qualification letter, which indicates that a lender has reviewed some preliminary information provided by the borrower verbally, but has not yet reviewed financial documentation.
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caregiver 1. apothecary-a health professional trained in the art of preparing and dispensing drugs. druggist, pharmacist, pill pusher, pill roller, chemist. caregiver, health care provider, health professional, PCP, primary care provider-a person who helps in identifying or preventing or treating illness or disability.
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- Definition of apothecary - a person who prepared and sold medicines and drugs. Definition of apothecary - a person who prepared and sold medicines and drugs. dictionary
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commitment Definitions (3) 1.Accounting: Earmarking or setting-aside of funds in response to a purchase requisition. These funds remain committed (encumbered) until the purchased good or service is paid-for after its receipt, thereby converting the encumbrance into an expenditure. See also obligation. 2.Lending: Written assurance from a lender to a borrower that a specified amount of loan or line of credit will be made available at a certain rate and during a certain period. Lenders charge a commitment fee for this service.
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- Overdraft Facility. A short term loan that a bank makes to a business automatically if that business otherwise would face an overdraft. For example, if a business has $10,000 in the bank and withdraws $12,000 for its payroll, an overdraft facility is an automatic loan for the extra $2,000.
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apothecary apothecary - a health professional trained in the art of preparing and dispensing drugs druggist, pharmacist, pill pusher, pill roller, chemist caregiver, health care provider, health professional, PCP, primary care provider - a person who helps in identifying or preventing or treating illness or disability
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DEFINITION of 'Certificate of Indebtedness' A short-term fixed income security once issued by the United States Treasury that had a coupon. A certificate of indebtedness was something of an IOU from the U.S. government, giving certificate holders the promise of a return of their funds with a fixed coupon, much like any other type of U.S. treasury. In 1981, the U.S. government stopped issuing such certificates and replaced them with short-term t-bills.
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thirst n. 1. a craving to drink, accompanied by a feeling of dryness in the mouth and throat. 2. an eager longing, craving, or yearning: a thirst for knowledge.hirst. 1. a sensation of dryness in the mouth and throat caused by need of liquid. 2. a need for liquid or moisture. 3. eager desire; craving: a thirst for knowledge.
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Hypothecation The established practice of a borrower pledging an asset as collateral for a loan, while retaining ownership of the assets and enjoying the benefits therefrom. With hypothecation, the lender has the right to seize the asset if the borrower cannot service the loan as stipulated by the terms in the loan agreement. The established practice of a borrower pledging an asset as collateral for a loan, while retaining ownership of the assets and enjoying the benefits therefrom.
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loan amortization schedule definition loan amortization schedule. A multicolumn listing of each payment required during the period of a loan. Each payment is detailed by the amount of interest, the principal payment, and the remaining unpaid principal balance. The interest portion of the payment is based on the unpaid principal balance after the previous payment.
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- home / medterms medical dictionary a-z list / hypothalamus definition Medical Definition of Hypothalamus Hypothalamus: The area of the brain that secretes substances that influence pituitary and other gland function and is involved in the control of body temperature, hunger, thirst, and other processes that regulate body equilibrium.
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Apothecary In addition to dispensing medicines, the apothecary offered general medical advice and a range of services that are now performed by other specialist practitioners, such as surgeons and obstetricians.pothecary derives from the Ancient Greek word ἀποθήκη (apothḗkē, “a repository, storehouse”), Latin apotheca (“repository, storehouse, warehouse”), Old French apotecaire, from Medieval Latin apothecarius (“storekeeper”), from apotheca (“shop, store”), which eventually came to mean an Apothecary, or Pharmacist.
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- A prepayment penalty is a provision of your contract with the lender that states that in the event you pay off the loan entirely, you will pay a penalty. Penalties are usually expressed as a percent of the outstanding balance at time of prepayment, or a specified number of months of interest. prepayment penalty is a provision of your contract with the lender that states that in the event you pay off the loan entirely, you will pay a penalty. Penalties are usually expressed as a percent of the outstanding balance at time of prepayment, or a specified number of months of interest.