What is 100% Mortgage?
A mortgage loan in which the borrower receives a loan amount equivalent to the total value of the property to be purchased. In this situation, the borrower does not need to make a down payment to secure the loan. Read more for examples and further explanation including related video clips and also comments
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Proprietary Technology definition explanation
What is Proprietary Technology?
A process, tool, system or similar item that is the property of a business or an individual and provides some sort of benefit or advantage to the owner. Companies that are able to develop useful proprietary technologies in-house are rewarded with a valuable asset: they can either use it exclusively or profit from the sale of licensing of their technology to other parties. Read more for examples and further explanation including related video clips and also comments
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Clearing Corporation definition explanation
What is Clearing Corporation?
An organization associated with an exchange to handle the confirmation, settlement and delivery of transactions, fulfilling the main obligation of ensuring transactions are made in a prompt and efficient manner. They are also referred to as “”clearing firms”” or “”clearing houses””. Read more for examples and further explanation including related video clips and also comments
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International Commodities Clearing House – ICCH definition explanation
What is International Commodities Clearing House – ICCH?
An international clearing house for futures markets around the world. Based in London, the ICCH maintains and organizes the daily duties of clearing futures contracts and guarantees the due fulfillment of transactions for its registered members. Read more for examples and further explanation including related video clips and also comments
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Capital Improvement definition explanation
What is Capital Improvement?
The addition of a permanent structural improvement or the restoration of some aspect of a property that will either enhance the property””s overall value or increases its useful life. Although the scale of the capital improvement can vary, capital improvements can be made by both individual homeowners and large-scale property owners. Read more for examples and further explanation including related video clips and also comments
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Spread To Worst definition explanation
What is Spread To Worst?
The difference in overall returns between two different classes of securities, or returns from the same class, but different representative securities. The spread to worst measures the difference from the worst performing security to the best, and can be seen as a measure of dispersion of returns within a given market or between markets. The spread to worst can vary significantly depending on different market and economic variables.
Calculated as: Read more for examples and further explanation including related video clips and also comments
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Flow Of Funds – FOF definition explanation
What is Flow Of Funds – FOF?
A set of accounts that is used to follow the flow of money within various sectors of an economy. Specifically, the account analyzes economic data on borrowing, lending and investment throughout sectors like households, businesses and farms. Read more for examples and further explanation including related video clips and also comments
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Home Debtor definition explanation
What is Home Debtor?
An individual who holds a large mortgage with little or no equity in the home. The term “”home debtor”” is often used to describe those who will likely never be able to pay off their mortgage because of the costs associated with home ownership, such as property taxes, mortgage payments, insurance and necessary repairs. Read more for examples and further explanation including related video clips and also comments
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Pairing Off definition explanation
What is Pairing Off?
An illegal practice of a brokerage firm offsetting short and long positions between house accounts by collecting cash payments without physically delivering the securities. Read more for examples and further explanation including related video clips and also comments
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Block House definition explanation
What is Block House?
A brokerage whose major concern is finding potential buyers and sellers of block trades. Read more for examples and further explanation including related video clips and also comments
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