BREC Financial Glossary

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Finance Term Definition Added By: Miles

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Other Similar Finance Terms:

Financial Term Equal Credit Opportunity Act (ECOA) is A Federal statute that makes it illegal for creditors to discriminate in any aspect of a credit transaction on the basis of sex, marital status, age, race, national origin, color, religion, receipt of public assistance, or the exercise of rights under the Consumer Protection Act. The Federal Reserve Board of Governors has adopted Regulation B to implement this statute.

Financial Term Equity is The net value of an asset or business (i.e. Assets minus Liabilities).

Financial Term Download is The act of transferring data from a network to a local computer.

Financial Term Management Company is The professional manager of a private equity fund or funds.

Financial Term Participant is Participants in FP6 projects are legal entities contributing to an indirect action and having rights and obligations with regard to the Community and to one another under the terms of the Rules for Participation and the model contract. Under the contract with the Community participants are referred to as contractors.