HFB Financial Glossary

What is it? Hold for recovery

Finance Term Definition Added By: Charlie

Send To Friends!

If you'd like to send the HFB 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 HFB. If you need any more information on this term, please don't hesitate to contact us.

Other Similar Finance Terms:

Financial Term Mutual is A commercial organisation owned by its members (savers and borrowers), as opposed to being owned by shareholders

Financial Term disbursements is Cash payments.

Financial Term NonProfit Corporation is A business entity formed for civil, social, or charitable purposes for which the generation of profit is not part of its function. Non-profit corporations are taxed differently, and are incorporated differently than for-profit business organizations.

Financial Term Manufactured home is Manufactured homes are homes made or manufactured in a factory and designed to be transported to a site. Manufactured homes can be large or small, and while they are constructed in the same manner as mobile homes, manufactured homes are not truly mobile. Mobile homes can be moved from one location to another, while manufactured homes are permanently attached to the site using conventional on-site construction.

Financial Term Effective Interest Rate is The cost of credit on a yearly basis expressed as a percentage. Includes up-front costs paid to obtain the loan, and is, therefore, usually a higher amount than the interest rate stipulated in the mortgage note. Useful in comparing loan programs with different rates and points.