If your short sale involved a VA-backed mortgage, the portion of your VA entitlement utilized on that loan will be inaccessible moving forward. But you may have enough remaining entitlement â also known as second-tier entitlement â to purchase again without the need of a down payment.
PRIVILEGE, rights. This word, taken its active sense, is a particular law, or a particular disposition of the law, which grants certain special prerogatives to some persons, contrary to common right. In its passive sense, it is the same prerogative granted by the same particular law.
White privilege - Definition. 1  The definition of white privilege, as with many terms, varies from source to source, but is generally distinguished from active bias or prejudice against non-white people. [14]  2 White privilege is the ability for Whites to maintain an elevated status in society that masks racial inequality..