TUPR Financial Glossary

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Finance Term Definition Added By: Zoe

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Other Similar Finance Terms:

Financial Term Borrower is A mortgagor who receives funds in the form of a loan with the obligation of repaying the loan in fully with interest, if applicable.

Financial Term Property insurance is A form of insurance that protects real property against certain risks, such as from fires or storms; often called fire and hazard insurance. May include flood insurance. Does not include mortgage insurance or mortgage life insurance.

Financial Term Time value of money is Concept that addresses the way the value of money changes over a period of time.

Financial Term Fair Market Value (FMV) is The price for which property can be sold in an arms length transaction; that is, between informed, unrelated, and willing parties, each of which is acting rationally and in its own best interest.

Financial Term Mezzanine Capital is A specialized form of private equity, characterized chiefly by use of Subordinated Debt, or preferred stock with an equity kicker, to invest largely in the same realm of companies and deals as buyout funds