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conversion of a loan

См. также в других словарях:

  • LOAN — (Heb. הַלְוָאָה, halva ah), a transaction in which a thing, usually money, is given by one person, called the malveh ( lender ), to another, called the loveh ( borrower ), for the latter s use and enjoyment, and in order that such thing or its… …   Encyclopedia of Judaism

  • conversion clause — conversion or convertibility clause A provision in an adjustable rate mortgage that allows the borrower to change from an ARM to a fixed rate loan at some point during the term. A provision in convertible securities specifying conversion rights.… …   Black's law dictionary

  • conversion or convertibility clause — A provision in an adjustable rate mortgage that allows the borrower to change from an ARM to a fixed rate loan at some point during the term. A provision in convertible securities specifying conversion rights. See convertible securities …   Black's law dictionary

  • conversion clause — conversion or convertibility clause A provision in an adjustable rate mortgage that allows the borrower to change from an ARM to a fixed rate loan at some point during the term. A provision in convertible securities specifying conversion rights.… …   Black's law dictionary

  • conversion or convertibility clause — A provision in an adjustable rate mortgage that allows the borrower to change from an ARM to a fixed rate loan at some point during the term. A provision in convertible securities specifying conversion rights. See convertible securities …   Black's law dictionary

  • Conversion (law) — For other uses of the word conversion , see Conversion. Conversion is a common law tort. A conversion is a voluntary act by one person inconsistent with the ownership rights of another.[1] It is a tort of strict liability.[2] Its criminal… …   Wikipedia

  • Loan Stock — Common or preferred stock shares that are used as collateral to secure a loan from another party. The loan will earn a fixed interest rate, much like a standard loan, and can be secured or unsecured. A secured loan stock may also be called a… …   Investment dictionary

  • Conversion Option — A clause associated with some adjustable rate mortgages that allows the borrower to convert the variable interest rate to a fixed rate within a certain time period, or at certain future dates. The conversion option is not free; an adjustable rate …   Investment dictionary

  • conversion — /kən vɜ:ʃ(ə)n/ noun 1. a change 2. the action of changing convertible loan stock into ordinary shares …   Dictionary of banking and finance

  • conversion period — /kən vɜ:ʃ(ə)n ˌpɪəriəd/ noun a time during which convertible loan stock may be changed into ordinary shares …   Dictionary of banking and finance

  • Home Equity Conversion Mortgage - HECM — A type of Federal Housing Administration (FHA) insured reverse mortgage. Home Equity Conversion Mortgages allow seniors to convert the equity in their home to cash. The amount that may be borrowed is based on the appraised value of the home… …   Investment dictionary

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