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 

• SUBORDINATION AGREEMENT - A written agreement between lienholders to change the priority of mortgage, j...
  
  
• SUBORDINATION AND ATTORNMENT AGREEMENTS - Documents used in commercial mortgage transactions in which t...
  
  
• SUBORDINATION CLAUSE - A clause in which the holder of a mortgage permits a subsequent mortgage to take...
  
  
• SUBORDINATION POLICY - The policy of a second mortgage lender for allowing a borrower to refinance the ...
  
  
• SUBPART F - Special category of foreign-source "unearned" income that is currently taxed by the IRS whe...
  
  
• SUBPERIOD RETURN - The return of a portfolio over a shorter period of time than the evaluation period.
  
  
• SUBPRIME BORROWER - A borrower with a less-than-perfect credit report due to late payments or a default...
  
  
• SUBPRIME LENDERS - Lenders who specialize in B, C, or D catagory paper. (See B, C, or D paper)
  
  
• SUBPRIME MORTGAGE - A mortgage granted to a borrower considered subprime, that is, a person with a less...
  
  
• SUBROGATION - The substitution of one creditor for another, with the substituted person succeeding to t...