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Rating agencies
Rating agencies Independent firms engaged to rate the creditworthiness of securities for the benefit of investors.
RELATED TERMS--------------------------------------
Independent
A brokerage firm operating on-its-own without an affiliation with a regional or national franchise.
Rate
Percentage a borrower pays for the use of money, usually expressed as an annual percentage.
SIMILAR TERMS--------------------------------------
Ratification
Method of creating an agency relationship in which the principal accepts the conduct of someone who acted without prior authorization as the principal's agent.
Ratified
Ratifiedmeans approved and given formal sanction to; confirmed.
Rating
Grade, assigned by a rating agency, designating the credit quality or creditworthiness of the underlying assets.
PREVIOUS AND NEXT TERMS--------------------------------------
Rate lock
A commitment issued by a lender to a borrower or other mortgage originator guaranteeing a specified interest rate for a specified period of time at a specific cost.
Rate sheet
Printed card that gives the price charged for each room, crib, extra person and pets.
Rate-improvement mortgage
A home loan that allows the borrower a one-time interest rate cut without paying refinancing charges.
Ratification
Method of creating an agency relationship in which the principal accepts the conduct of someone who acted without prior authorization as the principal's agent.
Rating
Grade, assigned by a rating agency, designating the credit quality or creditworthiness of the underlying assets.
Rating agencies
Raw land
Unimproved land that remains in its natural state.
Raw space
Unimproved shell space in a building.
Ready, willing and able buyer
One who is prepared to buy property on the seller's terms and is ready to take positive steps to consummate the transaction.
Reaffirmation agreement
An agreement by a Chapter 7 debtor to continue paying a dischargeable debt after the bankruptcy, usually to keep collateral or mortgaged property that would otherwise be subject to repossession.
Real estate
Land and everything permanently attached to land; sometimes used interchangeably with the terms real property and realty.
This dictionary contains 6433 terms. |
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