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 

• RECORDHOLDER - The individual or institution listed on the corporation's books as a securityholder as o...
  
  
• RECORDING - The act of entering into the book of public records the written instruments affecting the t...
  
  
• RECORDING FEE - The amount paid to the recorder's office in order to make a document a matter of public...
  
  
• RECORDING FEES - Fees charged by the local government to record loan documents (for example, the mortga...
  
  
• RECOURSE - (1) the right of a holder in due course to demand payment from the maker or endorser of a ne...
  
  
• RECOURSE NOTE - a note where the default may result in loss of collateral and also personal suit and ju...
  
  
• RECOURSE SERVICING - mortgage servicing in which the company servicing a mortgage has assumed the finan...
  
  
• RECOVERABLE GRANTS - Funds provided by a philanthropist to fulfill a role similar to equity. A recovera...
  
  
• RECOVERY - in finance, a. absorption of cost through the allocation of depreciation; b. residual cost o...
  
  
• RECOVERY FUND - A pool of money made up of contributions from licensed brokers used to compensate membe...