Business and Personal Finance Dictionary

# A B C D E F G H I J K L M N O P Q R S T U V W X Y Z 

• PRE-APPROVAL - A loosely used term which is generally taken to mean that a borrower has completed a loa...
  
  
• PRE-APPROVAL LETTER - A document from a lender or broker, estimating how much a potential home-buyer co...
  
  
• PRE-APPROVE - Lender commits to lend to a potential borrower; commitment remains as long as the borrowe...
  
  
• PRE-APPROVED - A credit card offer with "pre-approved" only means that a potential customer has passed ...
  
  
• PRE-APPROVED LOAN - A commitment from a lender that you are approved to purchase a home within the pric...
  
  
• PRE-APPROVED MORTGAGE - A commitment from a lender to provide a mortgage loan on stated terms to a borr...
  
  
• PRE-AUTHORIZED PAYMENT - An amount that an individual authorizes to be automatically withdrawn from his...
  
  
• PRE-COMPUTED LOAN - With a pre-computed loan, the interest owed over the life of the loan is calculated...
  
  
• PRE-EXISTING CONDITION - A pre-existing condition is a health problem that you already have when you ap...
  
  
• PRE-FORECLOSURE SALE - The sale of a property by a delinquent borrower under an agreement with the lend...