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Consumer credit
Consumer credit Loans for personal or household use as opposed to business or commercial lending. Loans are generally unsecured, not backed by collateral.
RELATED TERMS--------------------------------------
Unsecured
Describes a debt instrument, such as a debenture, that is backed only by the debtor's promise to pay.
Collateral
In a home loan, the property is the collateral. The borrower risks losing the property if the loan is not repaid according to the terms of the mortgage or deed of trust.
SIMILAR TERMS--------------------------------------
Consent
The consent is an agreement. Voluntary acceptance of the wish of another. Example: consent of a co-owner to rent a property to someone.
Consent judgment
A judge's legally binding approval of a written agreement by the parties of a lawsuit.
Conservator
A guardian, protector, preserver or receiver appointed by a court to administer the person and property of another (usually an incapable adult) and to ensure that the property will be properly managed.
Consideration
Anything of value given to induce someone into entering into a contract.
Constanta property
Property in Constanta, Romania. Apartments, flats, houses, offices and other property in Constanta.
Constantine property
Property in Constantine, Algeria. Apartments, flats, houses, offices and other property in Constantine.
Constitutional law
Law set forth in federal or state constitutions.
Construction budget
Money that the builder sets aside for building a structure.
Construction documents
Drawings and specifications from an architect that provide detailed requirements for the construction of a project.
Construction loan
A short-term, interim loan for financing the cost of construction. The lender makes payments to the builder at periodic intervals as the work progresses.
Construction management
The act of ensuring the various stages of the construction process are completed in a timely and seamless fashion
Construction to permanent loan
A loan that pays first for construction, then for a long-term, traditional mortgage, as distinct from a construction loan followed by a separate mortgage loan.
Constructive eviction
Actions of a landlord that so materially disturb or impair a tenant's enjoyment of the leased premises that the tenant is effectively forced to move out and terminate the lease without liability for any further rent.
Constructive fraud
Breach of a legal or equitable duty that the law declares fraudulent because of its tendency to deceive others, despite no showing of dishonesty or intent to deceive.
Constructive notice
Notice given to the world by recorded documents.
Constructive receipt
Control of the cash proceeds in a delayed exchange without actual physical possession by the exchanger or his or her agent.
Consultant
Any company or individual that provides the following services to institutional investors.
Consumer bankruptcy
A bankruptcy case filed to reduce or eliminate debts that are primarily consumer debts.
Consumer Credit Counseling Service
A service that offers counseling about how to work out a realistic budget and debt repayment plan and work with creditors.
Consumer Credit Protection Act
The Consumer Credit Protection Act, passed in 1968, for the first time spelled out basic consumer protections, including Truth in Lending disclosures.
Consumer debts
Debts incurred for personal, as opposed to business, needs.
Consumer price index (CPI)
Measures inflation in relation to the change in the price of goods and services purchased by a specified population during a base period of time.
PREVIOUS AND NEXT TERMS--------------------------------------
Constructive fraud
Breach of a legal or equitable duty that the law declares fraudulent because of its tendency to deceive others, despite no showing of dishonesty or intent to deceive.
Constructive notice
Notice given to the world by recorded documents.
Constructive receipt
Control of the cash proceeds in a delayed exchange without actual physical possession by the exchanger or his or her agent.
Consultant
Any company or individual that provides the following services to institutional investors.
Consumer bankruptcy
A bankruptcy case filed to reduce or eliminate debts that are primarily consumer debts.
Consumer credit
Consumer Credit Counseling Service
A service that offers counseling about how to work out a realistic budget and debt repayment plan and work with creditors.
Consumer Credit Protection Act
The Consumer Credit Protection Act, passed in 1968, for the first time spelled out basic consumer protections, including Truth in Lending disclosures.
Consumer debts
Debts incurred for personal, as opposed to business, needs.
Consumer price index (CPI)
Measures inflation in relation to the change in the price of goods and services purchased by a specified population during a base period of time.
Contemporary style
A design that features streamlined shapes, large unadorned windows and industrial materials.
This dictionary contains 6433 terms. |
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