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 

• PROJECT LOAN SECURITIES - Securities backed by a variety of FHA-insured loans-primarily multifamily apa...
  
  
• PROJECT LOANS - Usually FHA-insured and HUD-guaranteed mortgages on multiple-family housing complexes, ...
  
  
• PROJECT NOTES (PN) - Notes issued by municipalities to finance federally sponsored programs in urban re...
  
  
• PROJECTED BENEFIT OBLIGATION (PBO) - The actuarial present value of the pension benefits earned to date...
  
  
• PROJECTED MATURITY DATE - With CMOs, the date at the end of the estimated cash flow window where final ...
  
  
• PROJECTION - an approximation of future events. Usually a projection is made by extrapolating known inf...
  
  
• PROJECTIONS - Projected financial statements showing predicted income, cash flow, and/or balance sheets...
  
  
• PROMISE TO PAY - The agreement by the borrower to repay the current payment amount and date to be paid.
  
  
• PROMISES FOR THE FUTURE - not a standard term, but is sometimes used in contracts to delineate what ord...
  
  
• PROMISSORY NOTE - A legally binding agreement that a borrower signs to obtain a federal or alternative ...