Sentences with phrase «purchase money security»

-- including a lien on the stock of a cooperative housing corporation (a «co-op»)-- no lender can enforce its due - on - sale clause due to any of the following prevalent circumstances: (1) The creation of a lien (or other encumbrance subordinate to the lender's security instrument) that does not relate to a transfer of rights of occupancy in the property; (2) The creation of a purchase money security interest for household appliances; (3) A transfer by devise, descent, or operation of law on the death of a joint tenant or tenant by the entirety; (4) The granting of a leasehold interest of three years or less * not containing an option to purchase (5) A transfer to a relative resulting from the death of a borrower; (6) A transfer where the spouse or children of the borrower would become owners of the property; (7) A transfer resulting from a decree of dissolution of marriage, legal separation agreement, or from an incidental property settlement agreement, by which the spouse of the borrower becomes an owner of the property (8) A transfer of the borrower's property into an inter vivos trust in which the borrower is and remains a beneficiary and which [trust agreement] does not relate to a transfer of rights of occupancy in the property; or (9) Any other transfer or disposition described in regulations prescribed by the Federal Home Loan Bank Board.

Here in Michigan, a creditor could recover your couch, television, or other property after bankruptcy if that creditor holds a valid «purchase money security interest» (also called a PMSI) in those consumer goods.

If, like me, you're sufficiently anal to have retained every edition of your card issuer's agreement, you could read the agreement, carefully keeping a keen eye out for the phrase «purchase money security interest.»

Not exact matches

The term refers to a central bank using newly created money to purchase government bonds and other securities.

For more than four years now, the U.S. Federal Reserve has tried to do just that through a security - purchasing program known as quantitative easing — also commonly referred to as «printing money.»

«It has more [monetization] than we expected; as users build their Pokémon inventory, spending money becomes needed to store, train, hatch and battle,» Macquarie Securities said in a note to clients, adding that purchases so far in Australia were not being driven by big spenders but by a large number of users.

While it's better to invest than keep money under a mattress, buying risk free securities, such as guaranteed income certificates or low - yielding government bonds, could actually be riskier than purchasing higher returning products, says Ted Rechtshaffen, president and CEO of Toronto's TriDelta Financial Partners.

Definition: The use of borrowed money from a brokerage house to purchase securities.

The investor earns a profit when the market price of the security declines, and loses money when the purchase price is higher than the original selling price.

If you are serious about your Ethereum security, a cold storage hardware wallet is an essential purchase, saving you a lot of time, money, and stress in the process.

If you are serious about your Litecoin security, a cold storage hardware wallet is an essential purchase, saving you a lot of time, money, and stress in the process.

The self - reversing nature of the Fed's repos and reverse repos, many of which are «overnight» rather than «term» agreements (that is, ones providing for repurchase a day after the original purchase) has caused the Fed to prefer them as a means for achieving temporary adjustments to the money stock, while treating outright security purchases as a way of providing for permanent monetary expansion, and especially for secular growth in the demand for Federal Reserve notes.

The Funds are not money market funds and are not subject to the strict rules that govern the quality, maturity, liquidity and other features of securities that money market funds may purchase.

The purchaser earns a modest amount of interest and the seller promises to return the principal (purchase price) of the money market security at a later date.

[Subordination: The Note shall be subordinated to all indebtedness of the Company to banks, commercial finance lenders, insurance companies, [leasing or equipment financing institutions] or other lending institutions regularly engaged in the business of lending money -LSB-(excluding venture capital, investment banking or similar institutions which sometimes engage in lending activities but which are primarily engaged in investments in equity securities)-RSB-, which is for money borrowed, [or purchase or leasing of equipment in the case of lease or other equipment financing,] whether or not secured.]

When you invest in mutual funds you are investing in businesses that pool your money with the money of other investors into a mutual fund that purchases stocks, bonds and securities belonging to other...

The glaziers purchased manu by borrowing money and using the club as security for the loan.

I can hazard a guess that there are over twenty different accounts in the office of the National Security Adviser and not all monies that come into the office of National Security Adviser are meant for the purchase of arms.

The Director of Legal Division at the National Communications Authority (NCA), Abena Asafo Adjei, has told an Accra High Court that monies withdrawn from the Authority's account and used in purchasing cyber security equipment did not have the approval of the board.

The party said it was not «aware that the money came from the office of the former National Security Adviser, Colonel Sambo Dasuki, through Chief Anenih and meant for arms purchase».

When the Federal Reserve purchases Treasury securities, it could purchase them from the US Treasury when they're first auctioned off, in which case the money would go to the US government.

The money meant for arms purchase was said to have been diverted by the Office of former National Security Adviser, retired Colonel Sambo Dasuki, for political purposes ahead of the 2015 general elections.

Those initiatives include; Let's Get Digital, a scheme to help schools get the most out of technology and incorporating groundbreaking projects with Microsoft and Google; DigiSafe, a centre of excellence for online safety; CyberProtect, founded to protect schools from security threats; SuperCloud which is about helping schools save money through the cost effective harnessing of next generation cloud technologies; SmartBuy, a commitment from LGfL to use its economies of scale to purchase technology and software for schools at a vastly reduced price saving schools money and allowing access to technology that might otherwise be out of financial reach; and Bridge the Divide which is about tackling inequality and supporting those most in need.

For teachers and staff who stay less than five years, the state offers a money purchase plan, where teachers can get a full refund of their original contributions plus three percent interest, but they get none of their employer's 18 percent contribution, nor do they qualify for Social Security benefits.

Included within a wide variety of groups who use PRISM are user organizations with staff functioning as Contracting Officer's Technical Representatives (COTRs); requisitioners of goods and services and their approvers; funds certifiers who ensure that the monies are available and are accurate; the actual Contracting Officer (CO) for each purchase made through PRISM; System Administrators (SAs); and site security officers who ensure that PRISM operates correctly and security requirements are met.

The government should shut them down for misleading the public, they make millions of dollars and really provide false security when using their reports at the time you are spending your hard earned money to purchase a car / truck.

A firm or person engaged in soliciting or accepting and handling orders for the purchase or sale of futures contracts, subject to the rules of a futures exchange and, who, in connection with solicitation or acceptance of orders, accepts any money or securities to margin any resulting trades or contracts.

Maintenance call Maloney Act of 1938 Management fee Manipulation Margin Margin account Margin Agreement Margin call Markdown Market maker Market order Market price Marking to market Markup Matching orders Maturity class of option Maturity date MBIA Member order Merger MIG ratings Mil Minimum maintenance Minimum - maximum underwriting Minor Minor Rule Violation Plan Letter Money market account Money market fund Money purchase plan Money spread Money purchase plans Moral obligation bond Moral suasion Mortality risk Mortgage - backed security Mortgage bond MSRB Municipal Underwriting Munifacts Mutual fund

As per the terms of the memorandum of association of HDFC, its main object is to, inter alia, advance money to any person, company, association or society, either at interest or without, and / or with or without any security, for the purpose of enabling the borrower to erect or purchase or enlarge or repair any house or building or lease any property in India on such terms and conditions as it may deem fit.

For customers who borrow money from IB to purchase securities, IB is permitted by securities regulations to utilize for financing purposes up to 140 % of the loan value of the stock these customers hold with IB.

According to the NFCC, budgets can actually free up money as well as relieve financial stress, increase financial security, help structure a plan for the future, allow planning for large purchases, assist in meeting financial goals; uncover money available to invest, allow preparation for emergencies, avoid late payments through scheduling timely payments, find hidden money for debt repayment and potentially raise credit score.

If you intend to purchases securities — such as stocks, bonds, or mutual funds — it's important that you understand before you invest that you could lose some or all of your money.

«To margin» means to use borrowed money to purchase securities.

In particular, the Federal Reserve's latest move to juice the U.S. economy by purchasing $ 40 billion of agency mortgage - backed securities every month is forcing some money managers who had previously been feasting on those securities to get more creative.

The maximum dollar amount available, including both cash and margin, to purchase marginable securities without adding money to your account.

Margin accounts allow the investor to borrow money for the purchase of securities in hopes that they will not go down in price and a margin call for the difference is demanded by the brokerage firm.

The FDIC does not insure the money you invest in stocks, mutual funds, life insurance policies, annuities, or municipal securities, even if you purchased these products from an insured bank.

When borrowing money to purchase securities, you are required to repay the loan, including its cumulating interests, in accordance with its terms, even if the value of the securities purchased declines.

When borrowing money to short sell securities, you are required to repay the loan, including its cumulating interests, in accordance with its terms, even if the value of the securities purchased changes.

Most of us will save up our money at some point, whether we choose to do it gradually to ensure security for our future, or in the short term for a major purchase.

Note that the use of borrowed money to finance the purchases of securities involves greater risk than purchases using your own funds.

It holds short - term liquid securities such as money market funds, U.S. Treasury securities, government agency securities or other equity securities for liquidity purposes and to cover its obligation to purchase securities subject to short sales in the future.

eBanking Mobile Banking Account Alerts VISA Purchase Alerts Text Banking Bill Pay Pay a Person Remote Deposit Anywhere Me2Me Transfer eStatements Wire Transfers VISA Travel Money Card VISA Gift Card Overdraft Protection Online Security Tips

A Mutual Fund is an investment vehicle that pools your money together with other investors to purchases securities like stocks and bonds.

And LSAP stands for large - scale asset purchases: programs where central banks print money to buy bonds, mortgage securities or stocks.

The FDIC does not insure the money you invest in stocks, bonds, mutual funds, life insurance policies, annuities, or municipal securities, even if you purchased these products from an insured bank or savings association.

A mutual fund is a collective investment that pools together the money of a large number of investors to purchase a number of securities like stocks, bonds etc..

Mezzanine securities, under our definition, are instruments which based on our purchase price show promise of giving the Fund an annual pre-tax cash return, or zero - coupon return of in excess of 20 %, and where there does not appear to be large risks of either a money default or of a contemplated transaction including liquidations, not closing.

When you make a purchase, you're spending money on credit, not money from your security deposit.

My father has been pestering me for months to give him my social security number, stating he stppped paying on a life insurance policy (presumably on my life, which was purchased when I was a child, approximately 30 years ago), and he's going to «lose money» if I don't give him my SSN.