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private mortgage insurance (pmi)

agency, such as the Federal Housing Administration (FHA) or the Veterans Administration (VA), or through private mortgage insurance companies (PMI). Source: U.S. Department of Housing and Urban Development

prospectus

prospectus pl: -tus·es [-tə-səz] : a preliminary printed statement describing a business or other enterprise and distributed to prospective buyers, investors, or participants ;specif : a description of a new security issue supplied to prospective purchasers...

public utility

public utility : a business organization (as an electric company) performing a public service and subject to special government regulation

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restructure

restructure -tured -tur·ing vt : to change the makeup, organization, or pattern of [ a corporation] [companies trying to their debt "Claudia MacLachlan"] vi : to restructure something

trust account

trust account : an account opened with a trust company (as a bank) under which an inter vivos or testamentary trust is set up (as for the escrow of funds)

retrocession

retrocession [French rétrocession, from Medieval Latin retrocessio retreat, from Late Latin, act of going back, from Latin retrocedere to go back] 1 : the return of title to property to its former or true owner ;specif...

secretary

secretary pl: -tar·ies often cap 1 : an officer of a business concern who may keep records of directors' and stockholders' meetings and of stock ownership and transfer and help supervise the company's interests 2 :...

seniority

seniority 1 : the quality or state of being senior 2 : the senior status attained by length of continuous service (as in a company) ;also : the length of such continuous service

servant

servant : a person who serves others: as a : an individual who performs duties about the person or home of a master or personal employer b : a person in the employ and subject to...

Spielberg Doctrine

Spielberg Doctrine [after the Spielberg Manufacturing Company, subject of an unfair labor practice complaint that prompted the formation of the doctrine] : a doctrine in labor law: the National Labor Relations Board will defer to an...

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