Business and Personal Finance Dictionary

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• HAB - See: House Air Waybill
  
  
• HABEAS CORPUS - a writ alleging that an individual has been unlawfully detained and ordering the offici...
  
  
• HABENDUM CLAUSE - Latin for "to have and to hold." The clause is written into deeds and mortgages to de...
  
  
• HABITABILITY - Fit for human habitation. (See implied warranty)
  
  
• HABITABLE - A description of a dwelling or property that is appropriate for human occupancy.
  
  
• HACKER - Someone with expertise in computer systems and how to enter them in an unauthorized fashion. H...
  
  
• HAIRCUT - (1) that portion of an asset's value that cannot be used as collateral. For example, if 90 pe...
  
  
• HALF BUY DOWN - With a half buy down mortgage, also known as a 2/1 buy down, you are able to get a lowe...
  
  
• HALF-BATH - A room that contains a toilet and sink, but no tub or shower.
  
  
• HALF-LIFE - The point in the life of a mortgage-backed security guaranteed or issued by the Government ...