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Additional security fee |
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Additional security feeAn up-front, one-off fee paid to the lender to protect against the borrower defaulting on the loan. This is usually charged on mortgages of more than 75% of the property value. Also known as Indemnity Guarantee Premium and Mortgage Indemnity Premium.Additional security fee Similar MatchesAdditional bonds testAdditional bonds testA test for ensuring that bond issuers can meet the debt service requirements of issuing any new additional bonds. Additional voluntary contributionsAdditional voluntary contributionsAdditional payments to a tax deferred savings account or an occupational pension scheme by an employee to boost a pension at retirement. Additional personal allowanceAdditional personal allowanceAn income tax allowance to single people including widows/widowers, separated spouses etc who are not entitled to the married couple's allowance and are supporting a child under the age of 16 at their own expense. This allowance also applies where a man's wife is living with him and she is totally incapacitated and they have a child living with them. Additional hedgeAdditional hedgeA protection against borrower fallout risk in the mortgage pipeline. Statement of Additional Information (SAI)Statement of Additional Information (SAI)A document provided as a supplement to a mutual fund prospectus. It provides more detailed information about fund policies, operations, and risks. Also known as a Part B prospectus. Further Suggestionsfree standing additional voluntary contributionsadditional rate tax Additional principal payment |
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