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Open mortgage
Mortgage that can be Paid off prior to Maturity without Penalty . In general, lenders do not like Open mortgages because the early payoff reduces the Interest they earn.
Semi Related Terms: 454 CLICK HERE TO VIEW
10-K ,
Accrual of discount ,
Accrued interest ,
Amortization of premium ,
At par ,
All or any part ,
At best ,
At call ,
At risk ,
Abstract of title ,
Action to quiet title ,
Assignment to creditors ,
Attorney in fact ,
Adjustable Rate Mortgage ,
Assignment of mortgage ,
Assumable mortgage ,
A shares ,
At the money ,
Age-weighted plan ,
Across the board ,
Additional paid-in capital ,
Against the box ,
At the bell ,
At the close ,
At the figure ,
At the full ,
At the market ,
At the opening order ,
Away from the market ,
Back pay ,
Below the line ,
Books of final entry ,
Books of original entry ,
Banking Act of 1933 ,
Balloon maturity ,
Benchmark interest rate ,
Bid-to-cover ratio ,
Bureau of Public Debt ,
Brought over the wall ,
Buy the book ,
Balance of payments ,
Base interest rate ,
Board of Governors ,
Breaking the syndicate ,
Bill of exchange ,
Bill of sale ,
Breach of trust ,
By the book ,
Bailing out ,
Back-end load ,
B shares ,
Blow-off top ,
Breadth-of-market theory ,
Beat the gun ,
Capitalized interest ,
Cost Of Goods Sold ,
Cost of sales ,
Compound interest ,
Certificate of Participation ,
Collateralized Mortgage Obligation ,
Current maturity ,
Closed out ,
Code of procedure ,
Capitalization of income ,
Cost of Living Adjustment ,
Cost-of-living index ,
Council of Economic Advisers ,
Chasing the market ,
Cheapest to deliver ,
Chicago Board of Trade ,
Cost-of-living rider ,
Certificate of stock ,
Cost of carry ,
Certificate of title ,
Cancellation of debt ,
Cash-out refinancing ,
Certificate of Claim ,
Chattel mortgage ,
Closed-end credit ,
Commercial mortgage ,
Consumer interest ,
Conventional mortgage ,
Cost of debt capital ,
Cost of funds ,
Crowding out ,
Closed-end fund ,
Closed-end investment company ,
C shares ,
Class of options ,
Close to the money ,
Certificate of Occupancy ,
Cash or Deferred Arrangement ,
Class A Shares ,
Class B Shares ,
Crash of 1929 ,
Crash of 1987 ,
Coefficient of determination ,
Certificate of delivery ,
Close a position ,
Close out ,
Cornering the market ,
Curbs in ,
Curbs out ,
Deposit in transit ,
Date of issue ,
Date of payment ,
Deferred interest bond ,
Division of Enforcement ,
Division of Investment Management ,
Division of Market Regulation ,
Do Not Reduce ,
Date of record ,
Dividend in arrears ,
Desk (the) ,
Division of labor ,
De-escalation clause ,
De facto ,
Durable Power of Attorney ,
Date of maturity ,
Debtor in possession ,
Debtor-in-possession financing ,
Deed of Release ,
Deed of Trust ,
Discharge of bankruptcy ,
Discharge of lien ,
Deep in the money ,
Deep out of the money ,
Deed of Surrender ,
Department of Housing and Urban Development ,
Dogs of the Dow ,
Depth of market ,
Effective annual interest rate ,
Eurodollar certificate of deposit ,
Exact interest ,
Escrowed to maturity ,
Either-or order ,
E-mini ,
Exchange of spot ,
Equity mortgage ,
Explicit interest ,
Early exercise ,
Early withdrawal penalty ,
Employee Retirement Income Security Act of 1974 ,
First In First Out ,
Federal Home Loan Mortgage Corporation ,
Federal National Mortgage Association ,
Flight to quality ,
Flow of funds ,
Fill or kill ,
Front-ending an order ,
Forward P/E ,
Factors of production ,
Favorable balance of trade ,
Front-end load ,
Form 8-K ,
Form S-1 ,
First mortgage ,
Fixed-Rate Mortgage ,
Forward interest rate ,
Family of funds ,
Fund of funds ,
Free right of exchange ,
Federal ID Number ,
General Obligation Bond ,
Government National Mortgage Association ,
General account ,
General Securities Representative Examination ,
G-7 ,
General Accounting Office ,
General Agreement on Tariffs and Trade ,
G-8 ,
General lien ,
General mortgage ,
Growing equity mortgage ,
Gather in the stops ,
Hart-Scott-Rodino Act of 1976 ,
Hit the bid ,
House of issue ,
Holder in due course ,
Hang out loan ,
High-ratio mortgage ,
Home Equity Conversion Mortgage ,
Home equity line of credit ,
Home Mortgage Disclosure Act ,
Hammering the market ,
Held at the opening ,
Holding the market ,
Interest-bearing ,
In escrow ,
Interest rate collar ,
Interest rate risk ,
Interest rate swap ,
In-house ,
Investment Advisor Act of 1940 ,
Investment Company Act of 1940 ,
In line ,
Interest rate futures ,
Insurable interest ,
Insider Trading sanctions Act of 1984 ,
Interest ,
Interest expense ,
Internal Rate of Return ,
Indication of interest ,
In intestacy ,
Inter vivos trust ,
Imputed interest ,
Insured mortgage ,
Interest deduction ,
Interest-only loan ,
Interest rate ,
Interest rate cap ,
Interest rate ceiling ,
Interest rate floor ,
In play ,
In-process research and development ,
Interest rate option ,
I/O strip ,
Inchoate interest ,
Interest-only strip ,
In-service withdrawal ,
Imbalance of orders ,
In and out ,
In sympathy ,
In the tank ,
Jumping the gun ,
Joint mortgage ,
Knock-out option ,
Last In First Out ,
Lender of last resort ,
Law of one price ,
Lending at a rate ,
Law of demand ,
Law of supply ,
London Inter-Bank Offer Rate ,
Letter of comment ,
Legal age ,
Lend ,
Lender ,
Line of credit ,
Loan-to-cost ,
Loan-to-value ,
Lock-in ,
Long-term mortgage ,
Leading the market ,
Like-kind exchange ,
Locked in ,
Long-term gain or loss ,
Level I quotes ,
Maturity ,
Maturity date ,
Maturity gap ,
Maturity value ,
Mortgage-backed certificate ,
Mortgage-backed security ,
Mortgage bond ,
Mortgage pass-through security ,
Mortgage pool ,
Make a market ,
Mark-to-market ,
Medium of exchange ,
Marginal propensity to consume ,
Mortgage life insurance ,
Mortgage lien ,
Marginal lender ,
Money at call ,
Mortgage ,
Mortgage banker ,
Mortgage banking ,
Mortgage broker ,
Mortgage debt ,
Mortgage interest deduction ,
Mortgage note ,
Mortgage rate ,
Mortgage REIT ,
Mortgage risk ,
Mortgage servicing ,
Net interest margin ,
Negotiable certificate of deposit ,
Negotiable Order of Withdrawal ,
Non-interest-bearing note ,
Notice of Sale ,
National Association of Securities Dealers ,
National Association of Securities Dealers Automated Quotations system ,
No limit order ,
No quote ,
No-Fault ,
No-Action Letter ,
No-lien affidavit ,
Notice of Default ,
No-load ,
National Association of Real Estate Investment Trusts ,
Normal retirement age ,
No-load stock ,
No book ,
Off-balance-sheet financing ,
Off the books ,
Office of Thrift Supervision ,
Ordinary interest ,
Out-of-favor ,
Over-the-Counter ,
Off-floor order ,
Open order ,
Or better ,
Open economy ,
Open market operation ,
Open interest ,
Opinion of title ,
On-the-spot loan ,
Open-end credit ,
Open-end mortgage ,
Open mortgage ,
Overlying mortgage ,
Open-end fund ,
Open-end management company ,
Out of the money ,
Open-end lease ,
Old age, survivors, and disability insurance ,
Off-board ,
On open ,
On the opening ,
Open ,
Open market ,
Open position ,
Open repo ,
Open trade equity ,
Pooling of interests ,
Penalty ,
Payment-in-kind security ,
Price Value of a Basis Point ,
Prior lien bond ,
Prior preferred stock ,
P&L ,
Private Mortgage Insurance ,
Power of Attorney ,
Package mortgage ,
Paid ,
Paid up ,
Personal interest ,
Prepaid interest ,
Prepayment penalty ,
Prioritization of debt ,
Prior redemption privilege ,
Projected maturity date ,
Purchase-money mortgage ,
Payoff diagram ,
Paid-in capital ,
Paid-in surplus ,
Private Investment in Public Equity ,
Preservation of capital ,
Painting the tape ,
Priced out ,
Return of capital ,
Real interest rate ,
Real Estate Mortgage Investment Conduit ,
Remaining maturity ,
Reading the tape ,
Regulation D ,
Regulation G ,
Regulation T ,
Regulation U ,
Round of funding ,
Rules of Fair Practice ,
Rate of exchange ,
Reciprocal of European terms ,
Reduced paid-up insurance ,
Red herring ,
Regulation A ,
Right of first refusal ,
Right of rescission ,
Right to Know ,
Residential mortgage ,
Reverse-annuity mortgage ,
Reverse mortgage ,
Revolving line of credit ,
Right of recourse ,
Rollover mortgage ,
Rule of 78 ,
Right of redemption ,
Retirement Equity Act of 1984 ,
Risk/return trade-off ,
Rate of return ,
Real rate of return ,
Selling, General and Administrative Expenses ,
SG&A ,
Sight letter of credit ,
Simple interest ,
S&L ,
Segregation of securities ,
Sell the book ,
Standard of living ,
Second-to-die insurance ,
Short interest ,
Short interest ratio ,
Severally but not jointly ,
Statute of Limitations ,
Satisfaction of debt ,
Secondary mortgage market ,
Second mortgage ,
Security interest ,
Self-amortizing mortgage ,
Share appreciation mortgage ,
Staggered board of directors ,
Selling the spread ,
Special use property ,
Selling short against the box ,
Shorting against the box ,
S Corporation ,
Short-term gain or loss ,
Subchapter M ,
Subchapter S Corporation ,
Schedule C ,
Securities Act of 1933 ,
Securities Acts Amendments of 1975 ,
Securities Exchange Act of 1934 ,
Seek a market ,
S&P phenomenon ,
Stopped out ,
Times interest earned ,
T-Bill ,
Term to maturity ,
Take a position ,
Trailing P/E ,
Tenancy by the entirety ,
Truth in Lending ,
Two-step mortgage ,
Tenancy at will ,
Top hat plan ,
The Street ,
Timing the market ,
Taxpayer Relief Act of 1997 ,
Tax Reform Act of 1986 ,
Tax Reform Act of 1993 ,
Top out ,
Take a bath ,
U.S. Government Agency Security ,
U.S. Savings Bond ,
U.S. Treasury ,
U.S. Treasury Bill ,
U.S. Treasury Bond ,
U.S. Treasury Note ,
U.S. Treasury Securities ,
Unearned interest ,
Unit of trade ,
Unit of trading ,
With interest ,
Waiver of premium ,
W-2 Form ,
W formation ,
X or XD ,
Year-To-Date ,
Yield to call ,
Yield to maturity ,
Yield to worst ,
Y shares