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SAR Information Acknowledgment Financial Glossary

What is it? A non-correctable one-page Student Aid Report. Students who file electronic applications or who make electronic corrections to applicant information through a school receive this acknowledgment.

Finance Term Definition Added By: Drew

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Financial Term Seed Financing is Capital provided to facilitate commercialization of new product concepts, often from laboratories, research centres or entrepreneurs. If successful, a seed financing may result in a Start-up.

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Financial Term Refinancing is The process of repaying some or all of the loan capital of a firm by obtaining fresh loans, usually at a lower rate of interest.

Financial Term Subordination is The act of a creditor acknowledging in writing that a debt due him or her by a debtor shall be inferior to the debt due another creditor by the same debtor.

Financial Term Share is A legal document that makes its holder a part owner of the company that issues the share.