There are several types of home framing options available, but the two most common types are platform framing and balloon framing. Balloon framing is a type of framing that uses long wooden studs that extend through the height of the house. A single wooden stud will run the entire length of the home. Balloon framing is not as popular in today's construction because of the dangers, expense and added scarcity of the materials.
EMV card. An EMV card, also called a chip-and-PIN card or smart card, contains a special computer chip to store card account data. Unlike magnetic-stripe cards, every time an EMV card is used for payment, the chip creates a unique transaction code that cannot be reused, thus stymying counterfeit card fraud.
Down payment. Down payment (or downpayment) is a payment used in the context of the purchase of expensive items such as a car and a house, whereby the payment is the initial upfront portion of the total amount due and it is usually given in cash at the time of finalizing the transaction. A loan or the amount in cash is then required to make the full payment.