direct loan — noun a loan by a lender to a customer without the use of a third party; direct lending gives the lender greater discretion in making loans (Freq. 2) • Hypernyms: ↑loan … Useful english dictionary
lender of last resort — A country s central bank with responsibility for controlling its banking system. In the UK, the Bank of England fulfils this role, lending to discount houses, either by repurchasing Treasury bills, lending on other paper assets, or granting… … Big dictionary of business and management
direct placement — With respect to securities offerings, the negotiation by a borrower, such as an industrial or utility company, directly with the lender, such as a life insurance company or group of investors, for sale of an entire issue of securities. No… … Black's law dictionary
direct placement — With respect to securities offerings, the negotiation by a borrower, such as an industrial or utility company, directly with the lender, such as a life insurance company or group of investors, for sale of an entire issue of securities. No… … Black's law dictionary
Hard money lender — Hard money lenders are lending companies offering a specialized type of real estate backed loan. Hard money lenders provide short term loans (also called a bridge loan) that provide funding based on the value of real estate that has been… … Wikipedia
Federal Direct Student Loan Program — The William D. Ford Federal Direct Loan Program (FDLP), often referred to as Direct Loans, is a United States Department of Education program that provides loans to help students pay for education after high school. The Department of Education… … Wikipedia
Mortgage broker — A mortgage broker acts as an intermediary who brokers mortgage loans on behalf of individuals or businesses. Traditionally, banks and other lending institutions have sold their own products. However as markets for mortgages have become more… … Wikipedia
Yield spread premium — The yield spread premium (YSP) is the cash rebate paid to a mortgage broker based on selling an interest rate above the wholesale par rate that the borrower qualifies for. For example, If a mortgage broker offers a borrower a loan of $100,000 at… … Wikipedia
participation — An agreement between lenders to share a commitment to extend funds (if any), the extension of funds, and the credit risk for one or more credit facilities to a borrower. Almost always evidenced by a written agreement. American Banker Glossary The … Financial and business terms
Payday loan — A shop window in Falls Church, Virginia advertises payday loans. A payday loan (also called a paycheck advance) is a small, short term loan that is intended to cover a borrower s expenses until his or her next payday. The loans are also sometimes … Wikipedia
Person-to-person lending — (also known as peer to peer lending, peer to peer investing, and social lending; abbreviated frequently as P2P lending) is a certain breed of financial transaction (primarily lending and borrowing, though other more complicated transactions can… … Wikipedia
