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Public Works Loans Act, 1875 (English)

in Scotland; prisons, public libraries and museums; any school-house or work for which a school-board is authorized to borrow under the Education Acts, or under the Education (Scotland) Act, 1872 (35 & 36 Vict. c. 62); water

Funds, public

Funds, public, the name given to the public funded debt due by Government. The practice of borrow-ing money to defray a part of the war expenditure began, with us, in the reign of William III.

Credit information

under credit cards and other credit facilities granted or to be granted, by a credit institution or any borrower; (ii) the nature of security taken or proposed to be taken by a credit institution from any borrower

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Annuity

59; In re Trenchard, 1905 (1) Ch 82. An annuity is frequently resorted to as a means of borrowing money, where the borrower has not any available security, the borrower undertaking to pay an annuity during his

loan

loan 1 a : money lent at interest b : something lent usually for the borrower's temporary use 2 : a transfer or delivery of money from one party to another with the express

Interest

entitled to its use; especially, the amount owed to a lender in return for the use of the borrowed money [Black's Law Dictionary (7th Edn.) pp. 393-94 para 37]. Interest, is the accretion on capital, Amin Chand

Money lender

money-lenders as above defined to the liability of having their contracts judicially varied. Under s. 1, if a borrower is sued by a money-lender for the money lent, and there is evidence satisfying the Court in which

Mutuum

Mutuum, a loan whereby the absolute property in the thing lent passes to the borrower, it being for consumption, and he being bound to restore, not the same thing, but other things of

private mortgage insurance

private mortgage insurance : insurance that a lender may require a borrower to purchase to cover losses in the event of default of a residential loan esp. when the borrower

servicer

servicer a business that collects mortgage payments from borrowers and manages the borrower's escrow accounts. Source: U.S. Department of Housing and Urban Development

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