Loan Dictionary - N group - No Income Loan, No Insurance, No Load, No Load (nl), No Load Fund, No Load Stock, No Loan, No Commission, No Money Down, No Par Shares, No Protest

Business and Personal Finance Dictionary

NO INCOME LOAN - A documentation requirement where the applicant's income is not disclosed.
NO INSURANCE - Insurance is offered to provide peace of mind against life's unexpected problems which i...
NO LOAD - Is a transaction, particularly for a mutual fund whereby no assessment is charged for either ...
NO LOAD (NL) - See Load
NO LOAD FUND - a type of mutual fund that does not charge a sales commission (load fee) when an investo...
NO LOAD STOCK - stocks with no sales commissions, as they are sold directly from the company
NO LOAN, NO COMMISSION - A listing agreement requiring that escrow be closed and title transferred befo...
NO MONEY DOWN - Slang description of real estate purchase strategies which allow the purchaser to obtai...
NO PAR SHARES - Shares issued under a traditional par value statute that are stated to have no par valu...
NO PROTEST - Instructions given to a collecting bank not to protest a specific item in the event of non...