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Day loan |
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Day loanA loan from a bank to a broker prior to the delivery of securities. Upon the delivery of the securities, a day loan becomes a regular broker call loan for which securities serve as collateral.Day loan Similar MatchesPurpose loanPurpose loanA loan that is backed by securities and that is used to buy other securities under certain government regulations. Conforming loansConforming loansMortgage loans that meet the qualifications of Freddie Mac or Fannie Mae, which are bought from lenders and issued as pass-through securities. Freddie Mac (Federal Home Loan Mortgage Corporation)Freddie Mac (Federal Home Loan Mortgage Corporation)A Congressionally chartered corporation that purchases residential mortgages in the secondary market from S&Ls, banks, and mortgage bankers and securities these mortgages for sale in the capital markets. Tax and loan accountTax and loan accountAn account at a private bank, held in the name of the district Federal Reserve Bank, which holds operating cash for the business of the US Treasury. LoanLoanAn advance of money from a lender to a borrower over a period of time. The borrower is obliged to repay the loan either at intervals during or at the end of the loan period together with interest. Further SuggestionsVariable rate loanProject loan certificate (PLC) Loan commitment Restructured loan Bridging loan Loan Federal Home Loan Banks Broker loan rate unsecured loan stock Demand loan Loan Ratio Equivalent loan Term loan bridge loan (bridging loan) Interest only loan Savings And Loan Association Rescheduled loans Federal Home Loan Banks currency loan Multicurrency loans Reduction Option Loan (ROL) Building And Loan Association Fixed Rate Loan Syndicated Eurocredit loans Nonrecourse loan |
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