директен хипотекарен заем

директен хипотекарен заем

Under a direct mortgage loan, the bank is granted a mortgage lien as security for its credit exposure. Where security is given in the form of a mortgage note, this becomes the property of the bank. If the bank's claims are not met when due, it can take legal action to enforce the sale of the underlying property and use the proceeds to settle the outstanding debt directly. See also mortgage loan, indirect mortgage loan.

0 0

Improve it

Add an image

Part of Speech: noun
Synonym(s):
Blossary:
Industry/Domain: Banking
Category: Investment banking
Company: UBS
Product:
Acronym-Abbreviation:

Collect to Blossary

Other Languages:

Related terms

директен

Education; SAT vocabulary

With directness.

заем

Banking; Investment banking

A specified sum of money lent by a creditor or lender (e.g. a bank) to a person or entity and repayable at a predetermined due date or after notice of repayment is given. See also ...

менувачница

Banking; Investment banking

Also: bureau de change. Banking department/teller area that handles currency exchange and related business (such as coin dealing, traveller's cheques and letters of credit)

Киви обврзници

Banking; Investment banking

NZD-denominated bond issues placed by foreign borrowers.

Светска банка

Banking; Investment banking

Name commonly used for the International Bank for Reconstruction and Development. Like the International Monetary Fund, it was established in 1944 at Bretton Woods (USA) and has ...

Европска монетарна унија

Banking; Investment banking

Abbr.: EMU. Established under the Maastricht Treaty on European Union. In the broader sense an economic and monetary union. Participating countries are obligated to pursue a ...

Европска централна банка

Banking; Investment banking

Abbr.: ECB. Central bank of the European Monetary Union whose remit is to implement European monetary policy within the EMU. The headquarters of the European Central Bank are in ...

Европски монетарен институт

Banking; Investment banking

Abbr.: EMI. Precursor of the European Central Bank responsible for coordinating monetary and economic policy in the EMU countries in preparation for the third phase of the ...