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Arranger of credit
Arranger of credit As defined under the federal Truth-in-Lending Law, a person who regularly arranges for the extension of consumer credit by another person if a finance charge will be imposed, if there are to be more than four installments, and if the person extending the credit is not a creditor.
RELATED TERMS--------------------------------------
Credit
An agreement in which a borrower receives something of value in exchange for a promise to repay the lender at a later date.
Will
A written document, properly witnessed, providing for the transfer of title to property owned by the deceased, called the testator.
Creditor
The person to whom a debtor owes a debt or obligation; a lender.
SIMILAR TERMS--------------------------------------
Arrah property
Property in Arrah, India. Apartments, flats, houses, offices and other property in Arrah.
Arrangement fee
Similar to an administration fee, it is paid before the loan is completed. Sometimes refunded, other times added to the loan.
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ARM
Adjustable Rate Mortgage is a mortgage loan subject to changes in interest rates.
Armoire
A large, ornate cupboard or wardrobe that is used for storage.
Arm's length
An agreement freely arrived at in the open market, unaffected by abnormal pressure or by the absence of normal competitive negotiation as might be true in the case of a transaction between related parties.
Arpent
An area equal to about 0.845 acres, traditionally used in France, Quebec and Louisiana.
Arrangement fee
Similar to an administration fee, it is paid before the loan is completed. Sometimes refunded, other times added to the loan.
Arranger of credit
Arrears
Payment made after it is due is in arrears. Interest is said to be paid in arrears since it is paid to the date of payment rather than in advance.
Art Deco
A decorative style that was based on geometric forms, popular during the 1920s and 1930s.
Art Nouveau
A late-nineteenth-century decorative style that was based on natural forms. It was the first style to reject historical references and create its own design vocabulary, which included stylized curved details.
Article 5 of the Business and Professions Code
The part of the Business and Professions Code governing transactions in real property sale contracts and trust deeds.
Article 6 of the Business and Professions Code
The part of the Business and Professions Code governing real property securities dealers.
This dictionary contains 6433 terms. |
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