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Default A failure to discharge a duty. The term is most often used to describe the occurrence of an event that cuts short the rights or remedies of one of the parties to an agreement or legal dispute, for example, the failure of the mortgagor to pay a mortgage installment, or to comply with mortgage covenants.
Delinquent In a monetary context, something that has been made payable and is overdue and unpaid, Due Diligence Refers to the task of carefully confirming all critical assumptions and facts presented by a borrower. This includes verifying sources of income, accuracy of financial statements, value of assets that will serve as collateral, the tax status of the borrower and any other material facts presented by the borrower.
Endowment or Trust A fund that contains assets whose use sbi personal loans for govt employees documents restricted only to the income earned by these assets.
Equity The value of property in an organization greater than total debt held on it. Equity investments typically take the form of an owner's share in the business, and often, a share in the return, or profits.
Equity investments carry greater risk than debt, but the potential for greater return should balance the risk. Equity Participation An ownership position in an organization or venture taken through an investment.
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Please Read Carefully. This service is not available in all states. If you request a loan in a particular state where such loans are prohibited, or in a location where WhiteRockLoans. com does not have an available lender, you will not be connected to a lender. In some cases, you may be given the option of obtaining a loan from a tribal lender.
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