Super Finance Glossary

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Over 10,000 financial glossary terms...

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Glossary term Lender: Businesses that provide loans to others.
Glossary term Down payment: Cash portion paid by a buyer from his/her own funds, as opposed to that portion of the purchase price which is financed.
Glossary term Dating: Credit extension beyond normal terms of a credit supplier.
Glossary term Take: (1) To agree to buy. A dealer or customer who agrees to buy at another dealer's offered price is said to take the offer. (2) Euro bankers speak of taking deposits rather than buying money.
Glossary term Taker: The buyer of an option contract.