All Finance Terms

What is 401(a) Plan?

Definition of 401(a) plan A 401(a) plan is a money-purchase pension plan that is set up by a company. Brief […]

Definition of 3-6-3 Rule 3-6-3 Rule is used to relate to an “unofficial rule” under which loan agencies once managed, […]

Definition of 341 Meeting 341 Meeting is the meeting of lenders that occurs when a person information section seven bankruptcy. A […]

Definition of 3-2-1 Buydown 3-2-1 Buydown is a type of mortgage with a series of three initial temporary-start prices of attention that […]

Definition of 3/27 Adjustable-Rate Mortgage – 3/27 ARM A type of 3/27 Adjustable-Rate Mortgage – 3/27 ARM frequently offered to subprime debtors. […]

Definition of 28/36 Rule The 28/36 Rule is the rule-of-thumb for calculating the amount of debts that can be taken […]

Definition of 2-1 Buydown 2-1 Buydown is a kind of mortgage with a set of two preliminary temporary-start attention levels […]

Definition of 2/28 Adjustable-Rate Mortgage – 2/28 ARM 2/28 Adjustable-Rate Mortgage – 2/28 ARM has a two-year set amount period […]

Definition of 183-Day Rule The 183-Day rule is part of the “substantial existence test” used by the Inner Income Service to […]

Definition of 125% Loan 125% Loan is a financial loan, usually a home loan, with a preliminary amount borrowed equivalent […]