Loan Dictionary - P group - Purchase Money Mortgage (pmm), Purchase Money Security Interest (pmsi - Pronounced "pimzee"), Purchase Money Transaction, Purchase Option, Purchase Order, Purchase Price, Purchase Requisition, Purchase Returns, Purchase-money Mortgage, Purchased Call

Business and Personal Finance Dictionary

PURCHASE MONEY MORTGAGE (PMM) - See "mortgage back". A loan from the vendor to the purchaser to help fi...
PURCHASE MONEY SECURITY INTEREST (PMSI - PRONOUNCED "PIMZEE") - A security that a person takes in prope...
PURCHASE MONEY TRANSACTION - The acquisition of property through the payment of money or its equivalent...
PURCHASE OPTION - In real estate, an agreement under which a portion of monthly rent may be credited to...
PURCHASE ORDER - a written authorization for a vendor to supply goods or services at a specified price ...
PURCHASE PRICE - Purchase Price is a required field. The default is 100, which you can edit as necessar...
PURCHASE REQUISITION - a written request for goods to be purchased. It is usually prepared by a departm...
PURCHASE RETURNS - a contra purchase account that records all credits from returned inventory purchases...
PURCHASE-MONEY MORTGAGE - A mortgage given as part of the buyer's consideration for the purchase of rea...
PURCHASED CALL - Is a bullish strategy. It confers the right but not the obligation to exercise the con...