Purchase - Law Dictionary Search Results
margin
cash or collateral deposited in a regulated amount by a client with a broker who is financing the purchase of securities see also regulation t b : a deposit made with a broker by a client who
inflation
inflation the number of dollars in circulation exceeds the amount of goods and services available for purchase; inflation results in a decrease in the dollar's value. Source: U.S. Department of Housing and Urban Development
luxury tax
luxury tax : an excise levied on the purchase of items that are not essential for support or maintenance
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lien
sale at sale vendor's lien : a lien on esp. real property securing payment in full of the purchase price by the buyer voluntary lien : a lien created (as by contract) with the consent of the
liability
must show that a defective product was the proximate cause of injuries, was defective at the time of purchase, and was used for its intended purpose in order to establish a products liability claim. secondary liability 1
leveraged buyout
: the acquisition of a company usually by members of its own management using debt to finance the purchase of equity with debt to be paid by future profits or sale of company assets
invest
return 2 : to make use of for future benefits or advantages vi : to commit funds or purchase something of intrinsic value for future gain : make an investment often used with in [ing in precious
intermediate term mortgage
intermediate term mortgage a mortgage loan with a contractual maturity from the time of purchase equal to or less than 20 years. Source: U.S. Department of Housing and Urban Development
insured plan
plan : a pension or retirement plan managed by an insurance company under which contributions are used to purchase life insurance or annuities as a means of funding the benefits promised
HUD-1 settlement statement
such forms)] : a form signed at closing that sets out expenses, disbursements, and adjustments relating to the purchase of real property
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