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National Bank
National Bank A bank chartered by the federal government and a mandatory member of the Federal Reserve System.
RELATED TERMS--------------------------------------
Bank
An institution that acts as a financial intermediary by receiving money from depositors and lenders and also lending to borrowers.
Mandatory
A requirement that must be conformed to as specified in any written document.
Reserve
The 'reserve price' is the lowest price at which the owner is willing to sell their property when it is being auctioned.
SIMILAR TERMS--------------------------------------
National Association of Independent Fee Appraisers (NAIFA)
A professional association of appraisers with more than 2,000 members nationally. NAIFA offers the specialty designations IFA (member), IFAS (senior member) and IFAC (appraiser-counselor).
National Association of REALTORS
The association of REALTORS dedicated to the protection and the preservation of the free enterprise system and the right of the individual to own real property as guaranteed by the Constitution of the United States of America.
National Bank Act of 1863
In 1863, President Abraham Lincoln, at the urging of Salmon Chase, the Secretary of the Treasury, signed the National Bank Act. The Act established a national banking system and a uniform national currency to be issued by new "national" banks.
National Credit Union Association
Created in 1970 to charter and supervise federal credit unions.
National Credit Union Share Insurance Fund
Insures credit union deposits.
National Environmental Policy Act
The Act requires an environmental impact statement for federal actions that significantly affect the quality of the environment.
National Foundation for Consumer Credit
A nonprofit organization that educates consumers about using credit wisely. The NFCC is the parent group for Consumer Credit Counseling Service.
PREVIOUS AND NEXT TERMS--------------------------------------
Nail pops
Nails in load-bearing parts of new homes that pop out slightly because of settling of the structure.
Naked title
Bare title to the property, lacking the usual rights and privileges of ownership. A trustee in a deed of trust securing instrument may hold the title to a secured property, but only such title as is needed to carry out the terms of the lien document.
NAREIT (National Association of Real Estate Investment Trusts)
The national, not-for-profit trade organization that represents the real estate investment trust industry
National Association of Independent Fee Appraisers (NAIFA)
A professional association of appraisers with more than 2,000 members nationally. NAIFA offers the specialty designations IFA (member), IFAS (senior member) and IFAC (appraiser-counselor).
National Association of REALTORS
The association of REALTORS dedicated to the protection and the preservation of the free enterprise system and the right of the individual to own real property as guaranteed by the Constitution of the United States of America.
National Bank
National Bank Act of 1863
In 1863, President Abraham Lincoln, at the urging of Salmon Chase, the Secretary of the Treasury, signed the National Bank Act. The Act established a national banking system and a uniform national currency to be issued by new "national" banks.
National Credit Union Association
Created in 1970 to charter and supervise federal credit unions.
National Credit Union Share Insurance Fund
Insures credit union deposits.
National Environmental Policy Act
The Act requires an environmental impact statement for federal actions that significantly affect the quality of the environment.
National Foundation for Consumer Credit
A nonprofit organization that educates consumers about using credit wisely. The NFCC is the parent group for Consumer Credit Counseling Service.
This dictionary contains 6433 terms. |
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