Tag: bank
Tax Anticipation Bill (TAB)
What is a TAB and what are its benefits
A Tax Anticipation Bill, or TAB, is a type of loan that allows taxpayers to borrow...
Takedown
What is 'Takedown' 1. The price at which underwriters obtain securities to be offered to the public. Explaining 'Takedown' ...
Tandem Loan
What is 'Tandem Loan' Two loans taken out on one asset, which is usually a house; the secondary loan is normally added...
Teaser Loan
By definition, a teaser loan, also called an adjustable rate mortgage loan, is where the interest is paid at a very low rate by...
Take A Bath
What does 'Take A Bath' mean Take a bath is a slang term referring to the situation of an investor who has...
Tangible Book Value Per Share (TBVPS)
What is a 'Tangible Book Value Per Share - TBVPS' A tangible book value per share (TBVPS) is a method of valuing...
Take-Out Commitment
What is 'Take-Out Commitment' A specific type of mortgage purchase agreement. Under a take-out commitment, a long-term investor agrees to buy a...
Take-Out Lender
What is 'Take-Out Lender' A type of financial institution that provides a long-term mortgage on property. This mortgage will replace interim financing,...
Take-Out Loan
What is a 'Take-Out Loan' A type of long-term financing (usually) on a piece of real property. Long-term take-out loans replace interim...
Debt Equity Ratio
DefinitionThe debt-to-equity ratio is a financial ratio indicating the relative proportion of shareholders' equity and debt used to finance a company's assets. Closely related...