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Cashed - Law Dictionary Search Results

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Encashment

The payment in cash of a note draft etc

Cashier

One who has charge of money a cash keeper the officer who has charge of the payments and receipts moneys checks notes of a bank or

real estate mortgage investment conduit (remic)

an interest in a trust having multiple classes of securities. The securities of each class entitle investors to cash payments structured differently from the payments on the underlying mortgages. Source: U.S. Department of Housing and Urban Development

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cashbox

a box for holding cash

Bursar

A treasurer or cash keeper a purser as the bursar of a college or of a monastery

undertaking

undertaking 1 : a promise or pledge esp. required by law 2 : something (as cash or a written promise) deposited or given as security esp. in a court NOTE: Undertakings are often required

true value

true value 1 : fair market value called also true cash value 2 : the depreciated book value of personal property for purposes of taxation of such property used

stock appreciation right

appreciation right : a form of deferred compensation that allows an employee to receive as a bonus the cash value of the appreciation of stock over a period of years and that defers taxation until paid

service

provide services for: as a : to meet interest and sinking fund payments on (debt) [didn't have the cash flow to a large loan] b : to collect payments and maintain a payment schedule for (a loan)

REMIC

esp. collateralized mortgage obligations and receives favorable tax treatment by restricting its own investment to the maintenance of cash flow and reserves and to investment in properties acquired from foreclosure on the underlying mortgages called also real

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