Affiliate Financial Glossary
What is it? An organization that is a parent or subsidiary of another organization or a subsidiary of a common parent. An organization may be an affiliate of another because of ownership, overlapping officers and directors, or other factors. For example, Pacific Trust Bank and First PacTrust Bancorp, Inc. are affiliates, because both are owned by First PacTrust Bancorp, Inc.Finance Term Definition Added By: Matthew
The Affiliate definition has been viewed 848 Time(s)!
Send To Friends!
If you'd like to send the Affiliate definition to yourself or to your friends/colleagues, just enter the e-mail addresses in the boxes below -We hope you now understand the meaning of Affiliate. If you need any more information on this term, please don't hesitate to contact us.
Other Similar Finance Terms:
Financial Term Valuation Policy is The method or guidelines used by a private equity fund to determine the value of its portfolio assets.Financial Term Flexible mortgage is A mortgage that allows you to borrow up to an agreed amount, so that you can increase or decrease the mortgage depending on your circumstances, or sometimes temporarily stop making payments altogether.
Financial Term The bond, is also known as a fixed income security, is guaranteed by government or, in the case of corporate bonds, is assigned a rating that quantifies the level of risk of non-payment.
Financial Term Corporate and democratic core is Spending relating to the need to co-ordinate and account for the many services we provide to the public including the cost of member representation and activities associated with public accountability.
Financial Term Piggyback loan is A combination of the construction loan with the permanent loan commitment. Also, one mortgage held by more than one lender, with one lender having priority over the other(s).