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dividend

cumulative dividend : a dividend distributed to preferred stockholders that is added to and paid with the next payment or future payments if not paid when due extraordinary dividend : a dividend declared in addition to a

lease

be obtained. ground lease : a lease of land usually for a long term in consideration of the payment of rent and with the agreement that the lessee build or improve a structure on the land called

lien waiver

lien waiver A document that releases a consumer (homeowner) from any further obligation for payment of a debt once it has been paid in full. Lien waivers typically are used by homeowners who

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life insurance

life insurance : insurance providing for the payment of money to a designated beneficiary upon the death of the insured see also endowment insurance ordinary life

claim

to be due ;specif : a demand for a benefit (as under the workers' compensation law) or contractual payment (as under an insurance policy) b : a paper embodying such a demand [filing a with the court]

asset

enough] 1 : the entire property of a person, business organization, or estate that is subject to the payment of debts used in pl. compare equity 2 : an item of property owned admitted asset : an

charge

the estate] [charging the loss against earnings] 4 a : to fix or ask as a fee or payment [ $4 for parking] b : to ask payment of (an individual or organization) [ a client for

cap

cap a limit, such as one placed on an adjustable rate mortgage, on how much a monthly payment or interest rate can increase or decrease, either at each adjustment period or during the life of the

call

2 : to admit (a person) as a barrister [was ed to the bar] 3 : to demand payment of esp. by formal notice [ a loan] 4 : to demand presentation of (as a bond or

bill

an equitable bill by which a creditor who has won a court judgment against a debtor can compel payment from the debtor out of the property that is not otherwise reachable by legal process cross bill :

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