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Financial & Real Estate Terms (A to M)

What Is Default Probability?

The likelihood that a borrower may not be able to make scheduled repayments over a given period of time, typically one …

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Financial & Real Estate Terms (A to M)

What Is a Dutch Auction?

A Dutch auction is a market structure in which the price of an item is determined by aggregating all bids to determine …

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Financial & Real Estate Terms (A to M)

Delinquent Definition

Delinquency refers to the condition of being in arrears . When an individual is delinquent, they have failed to meet th…

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Financial & Real Estate Terms (A to M)

What Is Debt Service?

Debt service refers to the funds necessary to cover the interest and principal on a loan or other debt for a specified …

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Financial & Real Estate Terms (A to M)

What Is a Demand Letter?

A demand letter is a formal document sent by one party to another in an attempt to settle a dispute. In order to right …

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Mortgage

What is Delinquent Mortgage?

A delinquent mortgage is a home loan for which the borrower has failed to make payments in accordance with the terms …

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Financial & Real Estate Terms (A to M)

What is Deductible?

A tax deduction is an expense that a taxpayer or business can deduct from their adjusted gross income when completing…

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Financial & Real Estate Terms (A to M)

What Does Default Mean?

The failure to pay required interest or principal repayments on a loan or security debt constitutes default. It is …

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