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 

• REMITTANCE FEE - A charge made by the lender for sending mortgage funds to your solicitor just before t...
  
  
• REMITTANCE FLOAT - Float due to the time a payment is in transit. This is often called mail float since...
  
  
• REMITTING BANK - a bank that sends a draft to the overseas bank for collection.
  
  
• REMORTGAGE - When you move your mortgage to another lender. You might be able to get a better deal, but...
  
  
• REMOTE DISBURSEMENT - An arrangement by which an organization’s checks are drawn against funds in a ban...
  
  
• REMOVAL AND PROHIBITION (R&P) ORDER - an enforcement order issued by the Office of Thrift Supervision f...
  
  
• REMUNERATION - the act of paying for goods or services or to recompense for losses (Example: Receiving ...
  
  
• RENEGOTIABLE RATE - A type of variable loan rate involving a renewable short-term 'balloon' note. The i...
  
  
• RENEGOTIABLE RATE MORTGAGE - a loan in which the interest rate is adjusted periodically. See adjustable...
  
  
• RENEGOTIABLE RATE MORTGAGE (RRM) - an alternative mortgage loan in which the interest rate is renegotia...