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 

• TAKE-AND-PAY CONTRACT - An agreement that obligates the purchaser to take any product that is offered (...
  
  
• TAKE-OUT - A cash surplus generated by the sale of one block of securities and the purchase of another,...
  
  
• TAKE-OUT FINANCING - Long-term permanent financing. In the usual large construction project, the develo...
  
  
• TAKE-OVER - Acquiring control of a corporation by stock purchase or exchange, either hostile or friendl...
  
  
• TAKE-UP FEE - A fee paid to an underwriter in connection with an underwritten rights offering or an und...
  
  
• TAKEDOWN - a schedule of the transfer of capital in phases in order to complete a commitment of funds. ...
  
  
• TAKEDOWN PERIOD - A time period during which a borrower is permitted to draw down (i.e., request and re...
  
  
• TAKEOUT - A financing to refinance or take out another loan.
  
  
• TAKEOUT COMMITMENT - a promise by a lender to provide a long-term mortgage loan upon satisfactory compl...
  
  
• TAKEOUT COMMITMENTS - Legally binding commitments made by end lenders to construction lenders. The end,...