Secondary Market - Law Dictionary Search Results
Home Dictionary Name: secondary marketsecondary market
secondary market 1 : the market in which previously issued securities are sold compare primary market 2 : the market in which existing mortgages are bought and sold ...
secondary mortgage market
secondary mortgage market the buying and selling of mortgage loans. Investors purchase residential mortgages originated by lenders, which in turn provides the lenders with capital for additional lending. Source: U.S. Department of Housing and Urban Development ...
primary market
primary market : the market in which newly issued securities are sold compare secondary market ...
originate
originate -nat·ed -nat·ing vt : to give rise to ;specif : to issue (a mortgage loan) usually for subsequent sale in a pool of mortgage loans to a secondary market compare service vi : to take or have origin orig·i·na·tion [ə-ri-jə-nā-shən] n orig·i·na·tor [ə-ri-jə-nā-tər] n ...
FHLMC
a corporation authorized by Congress to provide a secondary market for residential mortgages It is called Freddie Mac in the jargon of the finance industry...
service
service 1 : the act of delivering to or informing someone of a writ, summons, or other notice as prescribed by law [after of process] see also notice by publication at notice, substituted service, summons NOTE: Although service of process is primarily the means for a court to exert personal jurisdiction over a person, some form of service (as by publication of notice in a newspaper) is also usually required for exercise of in rem or quasi in rem jurisdiction. 2 a : useful labor that does not produce a tangible commodity usually used in pl. [payment for s rendered] b : the maintenance or repair of tangible property [machinery for the and improvement of the residence] vt ser·viced ser·vic·ing : to 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) esp. after sale of the loan to a secondary mortgage market (as the Federal ...
third party origination
third party origination a process by which a lender uses another party to completely or partially originate, process, underwrite, close, fund, or package the mortgages it plans to deliver to the secondary mortgage market. Source: U.S. Department of Housing and Urban Development ...
Katra
Katra, The primary meaning of the words 'katra' is enclosure and the secondary meaning is market; see AIR 1946 Lah 432. Generally, a katra would be a business locality though there might be purely residential katras. However, even purely residential katras would consist of a large number of houses to which a large number of people will resort, Bhau Ram v. Baij Nath Singh, AIR 1962 SC 1476 (1484): 1962 Supp (3) SCR 724. [Punjab Pre-emption Act, 1913 (1 of 1913), s. 5]...
Agricultural Marketing Acts, 1931 to 1933
Agricultural Marketing Acts, 1931 to 1933 (English), The Act of 1931 (21 & 22 Geo. 5, c. 42) enables schemes to be made for regulating the marketing of agricultural products, foods and drinks made or derived therefrom, and fleeces and skins of animals, to establish marketing boards in connection with such schemes, to establish funds for loans to these boards, and to encourage agricultural co-operation, research and education. The Act of 1933 (23 & 24 Geo. 5, c. 31) amends and extends the 1931 Act by provisions for restrictions on the importation and sale of agricultural products and for the production of such secondary agricultural products wholly or partly manufactured or derived from another agricultural products as may be specified by an order in force under s. 7, Part II., of the Act of 1933. Schemes under the Act of 1931 may be submitted by the Minister of Agriculture and Fisheries after consultation with the Board of Trade by laying a draft before each House of Parliament, and if...
boycott
boycott : to engage in a concerted refusal to have dealings with (as a store, business, or organization) usually to express disapproval or to force acceptance of certain conditions see also primary boycott, secondary boycott NOTE: A boycott of a business by its competitors, suppliers, or buyers that has the effect of preventing the business's access to the market is a violation of the Sherman Antitrust Act. boycott n ...
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