Convertible Security - Law Dictionary Search Results
convertible security
Matched in: Term convertible security
security
Matched in: Term security
bond
book-entry bond : a bond whose ownership is recorded by computer but for which no certificate is issued convertible bond : a bond that may be exchanged for another type of security (as common stock) at prearranged
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mortgage
mortgage [Anglo-French, from Old French, from mort dead (from Latin mortuus) + gage security] 1 a : a conveyance of title to property that is given to secure an obligation (as a … secure the unpaid balance of the purchase price reverse mortgage : a mortgage that allows elderly homeowners to convert existing equity into available funds provided through a line of credit, a cash advance (as for the purchase
Further advance, or charge
loan was advanced upon, or an additional security, Equity considers the arrears of interest on a mortgagee security converted into principal, by agreement between the parties, as a further advance. Although the tacking of a third or
False pretence, obtaining property
body or society, upon any paper or parchment in order that the same may be afterwards made or converted into, or used or dealt with as, a valuable security; shall be guilty of a misdemeanour and on
reduce
b : to convert by enforcement through litigation [may his claim to judgment, foreclose or otherwise enforce the security interest "Uniform Commercial Code"] re·duc·ibil·i·ty [-dü-sə-bi-lə-tē, -dyü-] n re·duc·ible [-dü-sə-bəl, -dyü-] adj re·duc·ibly adv re·duc·tion [ri-dək-shən] n reduce … reduce re·duced re·duc·ing 1 : to make smaller 2 a : to convert (a chose in action) into a chose in possession [enforcement action sought to to possession her property interest
Extortion
to deliver to any person any property or valuable security, or anything signed or sealed which may be converted into a valuable security, commits 'extortion'. (Indian Penal Code, 1860, s. 383)
fannie mae
mae Federal National Mortgage Association (FNMA); a federally-chartered enterprise owned by private stockholders that purchases residential mortgages and converts them into securities for sale to investors; by purchasing mortgages, Fannie Mae supplies funds that lenders may loan … Mortgage Association (FNMA); a federally-chartered enterprise owned by private stockholders that purchases residential mortgages and converts them into securities for sale to investors; by purchasing mortgages, Fannie Mae supplies funds that lenders may loan to potential homebuyers.
debenture
specific lien called also debenture bond see also indenture compare mortgage bond at bond NOTE: Debentures are often convertible to stocks. … are owed] : an unsecured bond that is backed by the issuer's general credit rather than a specific lien called also debenture bond see also indenture compare mortgage bond at bond NOTE: Debentures are often convertible to
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