FSEOG Financial Glossary
What is it? See Federal Supplemental Educational Opportunity Grant.Finance Term Definition Added By: Abby
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Other Similar Finance Terms:
Financial Term Servicing a Loan is The ongoing process of collecting your monthly mortgage payment, including accounting for and payment of your yearly tax and/or homeowners insurance bills.Financial Term Treasury Securities is Treasury securities, such as bills, notes and bonds, are debt obligations issued and backed by the U.S. Government. Bills are short-term securities with maturities of one year or less. Notes are intermediate-term securities with maturities of one to 10 years. Bonds are long-term securities with maturities in excess of 10 years.
Financial Term Financial Reporting Standard (FRS) is Recommendations on the way we need to treat certain items in our accounts.
Financial Term Interest Rate Cap is In most cases, the maximum rate of interest that may be charged on an adjustable rate mortgage loan over the life of the loan (see Adjustable Rate Mortgage, Fixed Rate Mortgage, Interest Rate).
Financial Term PreQualifying is By pre-qualifying for a loan before looking at houses, you know how much of a loan you can get and therefore the maximum priced home youre looking for. Also you can reassure the seller that yours is an offer you can qualify for.