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Truth In Lending - Law Dictionary Search Results

Home Dictionary Name: truth in lending

truth-in-lending

truth-in-lending a federal law obligating a lender to give full written disclosure of all fees, terms, and conditions associated with the loan initial period and then adjusts to another rate that lasts for the term of the loan. Source: U.S. Department of Housing and Urban Development ...


truth-in-lending act

truth-in-lending act A federal act assuring that every individual who has need for consumer credit is given full disclosure of the terms and cost of the credit. (15 U.S.C. Sec. 1601) Source: FindLaw ...


disclosure

disclosure : an act or instance of disclosing: as a : a lender's revelation of information to a consumer under the Truth in Lending Act that enables the consumer to make an intelligent decision about the loan b : the revelation to investors of financial information about a corporation or municipality and about the security it is offering for sale see also prospectus, registration statement NOTE: Disclosure is required for a public offering. c : revelation by a corporate insider (as an officer) for approval of a business transaction that involves self-dealing d : a debtor in bankruptcy's revelation to creditors of a bankruptcy plan ...


Regulation Z

Regulation Z : a regulation of the Board of Governors of the Federal Reserve System that implements the federal Truth in Lending Act as to member banks ...


lend

lend lent lend·ing vt 1 : to give for temporary use on condition that the same or its equivalent be returned 2 : to let out (money) for temporary use on condition of repayment with interest vi : to make a loan lend·able adj lend·er n ...


Whoever legally bound by an oath or by an express provisions of law to state the truth

Whoever legally bound by an oath or by an express provisions of law to state the truth, The opening words of s. 191 'whoever being legally bound by an oath or by an express provision of law to state the truth........' do not support the submission that a man who is not bound under the law to make an affidavit, can if he does make one, deliberately retrain from stating truthfully the facts which are within his knowledge. The meaning of these words is that whenever in a court of law a person binds himself on oath to state the truth he is bound to state the truth and he cannot be heard to say that he should not have gone into the witness box or should not have made an affidavit and therefore the submission that any false statement which he had made after taking the oath is not covered by the words of s. 191, IPC is not supportable. Whenever a man makes a statement in court on oath he is bound to state the truth and if he does not, he makes himself liable under the provisions of s. 193. It...


reckless disregard of the truth

reckless disregard of the truth or reckless disregard for the truth 1 : disregard of the truth or falsity of a defamatory statement by a person who is highly aware of its probable falsity or entertains serious doubts about its truth or when there are obvious reasons to doubt the veracity and accuracy of a source [the knowingly false statement and the false statement made with reckless disregard of the truth, do not enjoy constitutional protection "Garrison v. Louisiana, 379 U.S. 64 (1964)"] 2 : a reckless lack of attention to the truth that misleads or deceives another (as a magistrate) [whether false statements were made intentionally or in reckless disregard of the truth in support of the warrant "State v. O'Neil, 879 P.2d 950 (1994)"] ...


Reckless disregard of the truth or reckless dis-regard for the truth

Reckless disregard of the truth or reckless dis-regard for the truth, means disregard of the truth or falsity of a defamatory statement by a person who is highly aware of its probable falsity or entertains serious doubts about its truth or when there are obvious reasons to doubt the veracity and accuracy of a source, Garrison v. Louisiana, 379 US 64 (1964)....


predatory lending

predatory lending abusive lending practices that include a mortgage loan to someone who does not have the ability to repay. It also pertains to repeated refinancing of a loan charging high interest and fees each time. Source: U.S. Department of Housing and Urban Development ...


Reckless disregard of the truth

Reckless disregard of the truth, means a reckless lack of attention to the truth that misleads or deceives another (as a Magistrate), State v. O'Neil, 879 p. 2d 950 (1994).Means disregard of the truth or falsity of a defamatory statement by a person who is highly aware of its probable falsity or entertains serious doubts about its truth or when there are obvious reasons to doubt the veracity and accuracy of a source, Garrison v. Louisiana, 379 US 64 (1964)....


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