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Modification
Modification Occasionally, a lender will agree to modify the terms of a mortgage without requiring refinance.
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Lender
A term which can refer to the institution making the loan or to the individual representing the firm.
Will
A written document, properly witnessed, providing for the transfer of title to property owned by the deceased, called the testator.
Mortgage
A legal document pledging property as security for the payment of a loan.
Refinance
Obtaining a new loan to pay off an existing loan. Refinancing is a popular practice when interest rates drop.
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Modified gross
Typically, it is similar to full service; however, operating expenses, taxes and insurance are included in the tenant's rent, utilities, specifically electricity, and interior janitor service are not included.
Modinagar property
Property in Modinagar, India. Apartments, flats, houses, offices and other property in Modinagar.
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Mobile-home
Prefabricated trailer-type housing units that are semipermanently attached to land, which is either the owner's fee land or a leasehold, such as in a mobile-home park.
Mobile-home loan
A mortgage loan on a large mobile-home, usually drawn for a shorter term than conventional mortgages.
Mobile-home park
An area zoned and set up to accommodate mobile homes by providing water hookups and sewage disposal for each home. The mobile-home park contains all utilities, streets, parking and amenities. Mobile-home parks are also called trailer parks.
Mode
The most frequently occurring variate.
Modern portfolio theory (MPT)
An approach to quantifying risk and return in a portfolio of assets. Developed in 1959 by Harry Markowitz, MPT is the foundation for present-day principles of investment diversification.
Modification
Modified gross
Typically, it is similar to full service; however, operating expenses, taxes and insurance are included in the tenant's rent, utilities, specifically electricity, and interior janitor service are not included.
Modular housing
A relatively recent concept in home construction, aimed at producing housing more economically and faster through prefabricating processes; also called prefabricated housing.
Molding
Decorative trim elements applied to walls, ceilings, and window and door openings.
Molds
Molds are simple, microscopic organisms that are present virtually everywhere both indoors and outdoors. Molds are fungi and are needed to break down dead material and recycle nutrients in the environment.
Monetary policy
Governmental regulation of the amount of money in circulation through such institutions as the Federal Reserve Board.
This dictionary contains 6433 terms. |
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