Vaulted ceiling

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Vaulted ceiling

Vaulted ceiling

An elongated half-cylinder that arches above the floor.

RELATED TERMS
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Floor
The minimum rate possible on a variable-rate loan or line of credit, after any initial introductory rate period.

SIMILAR TERMS
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Variable lease
Allows for increases in the rental charges during the lease period.

Variable rate
The mortgage interest charged by the lender can vary from month to month and is set by the lender.

Variable-rate mortgage
Home loan in which the interest rate is changed periodically based on a standard financial index. Also called an adjustable-rate mortgage.

Variance
Government authorization to use or develop a property in a manner which is not permitted by the applicable zoning regulations.

Variate
A single item in a group.

Vaulted ceiling

Vendee
The purchaser of realty; the buyer. The buyer under a land contract.

Vendor
The seller of realty. The seller under a land contract.

Verification
Confirmation under oath of the truthfulness of a statement.

Verification of deposit
Part of the loan process, in which a lender will ask a borrower's bank to sign a statement verifying the borrower's account balances and history.

Verification of employment
Confirmation that a loan applicant is telling the truth about where he or she works and how much he or she makes.

This dictionary contains 6433 terms.

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