Over 10,000 financial glossary terms...
Random Glossary Terms
Bridge loan: A form of interim loan, generally made between a short-term loan and a permanent (long-term) loan, when the borrower needs to have more time before taking the long-term financing. For this survey, this is not a mortgage.
Wraparound annuity: An investment that allows the annuitant the choice of underlying investments tax-deferred.
Subject: Refers to a bid or offer that cannot be executed without confirmation from the customer. In other words, not firm, but a bid/offer that needs additional information/confirmation before becoming firm and is therefore still negotiable.
Serial entrepreneur: Business person that successfully starts (does not kill) a number of different businesses.
Binder: An amount of money paid to indicate good faith in a transaction before the transaction is completed.