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Savings bank
Savings bank
A type of depository financial institution, found mostly in the northeastern United States, that accepts consumer deposits and invests these funds primarily in residential mortgages and high-grade securities.
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Savings and Loan Association (S and L)
A financial institution whose principal function is to promote thrift and home ownership. Depositors earn interest on their deposits, often at a higher rate than is offered at commercial banks.
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Sandwich lease
When a tenant has a current lease with the owner of a property and then "sublets" the property to a third party.
Sanitary sewer
The drain line in a house that carries away food and human wastewater to a municipal sewer system or a septic system.
Sash
One of two windows in a double-hung window.
Satisfaction of mortgage
Document issued by mortgagee when the mortgage is paid off.
Savings and Loan Association (S and L)
A financial institution whose principal function is to promote thrift and home ownership. Depositors earn interest on their deposits, often at a higher rate than is offered at commercial banks.
Savings bank
Schematic designs
Structural plans for a building’s mechanical systems, such as its plumbing and electrical functions.
Season
Designated season of the year denoting period of ownership for exchange or usage value.
Second deposit
The additional deposit made at the signing of the purchase and sale agreement.
Second home
Commonly known as a vacation home. This home is not rented and is occupied occasionally by the owners.
Second mortgage
A mortgage that has a lien position subordinate to the first mortgage.
This dictionary contains 6433 terms. |
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