Business and Personal Finance Dictionary

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• STUMPAGE - refers to: a. Timber in standing trees; usually sold without the land at a fixed price per t...
  
  
• SUB PRIME LOANS - These loans are priced higher than prime loans, often much higher. Loans to borrowers...
  
  
• SUB-PRIME - Industry term used to describe credit and loan products that have less stringent lending an...
  
  
• SUB-PRIME BORROWER - A borrower with poor credit. Such borrowers pay more than prime borrowers, and ar...
  
  
• SUB-PRIME CREDIT CARDS - credit cards offered to consumers with credit problems or no established credi...
  
  
• SUB-PRIME LENDER - A lender who specializes in lending to sub-prime borrowers.
  
  
• SUB-PRIME LENDING - 'Sub-prime lending', also called 'non-conforming' loans, refers to loans that cater...
  
  
• SUB-PRIME MORTGAGE - Mortgage granted to a person who is unable to borrow money secured on a property f...
  
  
• SUB-PRIME OR SUB PRIME - A sub-prime loan is any loan in which the borrower has challenges in obtaining...
  
  
• SUBACCOUNT - A term used in bookkeeping. For example, the insurance expense account may have various di...