|
|
Advance |
|
|
|
 Home Site Map Add Term Search About Us Contributors |
AdvanceIncrease in the market price of stocks, bonds, commodities, or other assets.AdvanceLoan from a bank or building society in the form of a mortgage.Advance Similar MatchesAdvance funded pension planAdvance funded pension planA pension plan in which funds are set aside in advance of the date of retirement. Advance FeeAdvance FeeA fee charged by a broker to a seller to cover all ora portion of the broker's costs of promoting the property. The fee is generally credited against commissions but is not refunded if no commissions are received. Most frequently used in connection with large offerings which require a substantial outlay of funds for promotion. Advanced countryAdvanced countryDeveloped country. Further advanceFurther advanceYou can sometimes have the facility to borrow further funds once you have been paying your mortgage for a set period of time, especially with a flexible mortgage. A fee is charged by your lender to cover the cost of assessing the merits of your application. Costs £50 - £100 Further advanceFurther advanceThe raising of capital by a borrower from his existing mortgage lender.This might happen if:the value of the borrower's property has increasedthe borrower's salary has increasedthe borrower wants to have a higher mortgageIn these circumstances, the lender will probably be happy to lend more money to the borrower provided he can afford the higher repayments. Further Suggestionsadvance corporation taxFurther advance legal fee Mortgage advance Advance Computerized Execution System (ACES) Cash in Advance Advance deposit requirement Advance refunding Advance commitment |
|
|
|