Loan Dictionary - SE group - Sec Registration Statement, Sec Rule 144, Sec Yield, Secert Ballot, Second Charge, Second Home, Second Home (vacation Home, Weekend Home), Second Loan (mortgage), Second Market, Second Mortgage

Business and Personal Finance Dictionary

SEC REGISTRATION STATEMENT - DISCLOSURE document that must be filed with the SEC in connection with a p...
SEC RULE 144 - A rule issued by the SEC that governs stock issued under special circumstances. See cont...
SEC YIELD - A measure of return for investments in mutual bond funds. The SEC yield is calculated by di...
SECERT BALLOT - In the context of corporate governance, this is also known as confidential voting. An i...
SECOND CHARGE - Mortgage ranking behind a first mortgage ie a second loan.
SECOND HOME - One-unit property owned by an individual, occupied by the borrower for some portion of th...
SECOND HOME (VACATION HOME, WEEKEND HOME) - A residence other than the borrower's primary residence whi...
SECOND LOAN (MORTGAGE) - A second mortgage is another loan secured by the property much like a first mo...
SECOND MARKET - The OTC market.
SECOND MORTGAGE - A mortgage (or trust deed) that is junior or subordinate to a first mortgage; typical...