5H Financial Glossary

What is it? Sell / High risk

Finance Term Definition Added By: Taylor

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Other Similar Finance Terms:

Financial Term Multiple Party Account is Account owned by two or more parties. Parties own the account during the lifetime of all parties in proportion to their net contributions, unless there is clear and convincing evidence of a different intent.

Financial Term warehouse lines of credit is An informal name used by some bankers for lines of credit used to finance a borrowers temporary ownership of long-term assets such as mortgages.

Financial Term Scholarship Search Services is Organizations that claim to help students find little-known and unused financial aid funds. Families who are interested is using such a service should carefully investigate the company first.

Financial Term price is The amount paid for a security. The price of a security is usually expressed as a percentage of its par value. For mortgage-related securities, the price is usually expressed as a percentage of the current face value. A price greater than 100 percent is a premium price while a price less than 100 percent is a discount price.

Financial Term Power of Attorney is A legal document that authorizes an individual or organization to act on your behalf in certain matters.