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In the hole |
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In the holeUsed in the context of general equities. Below the inside market when one is attempting to sell the stock; at a significant discount. Antithesis of premium.In the hole Similar MatchesWholesale mortgage bankingWholesale mortgage bankingThe purchasing of loans originated by others, for the acquisition of the servicing rights. LoopholeLoopholeA technicality in some legislation or regulation that makes it possible to avoid certain consequences or circumvent a rule without breaking the law, such as in the use of a tax shelter. Make whole provisionMake whole provisionRelated to the lump-sum payments made when a loan or bond is called, equal to the NPV of future loan or coupon payments not paid because of the call. The payment can be significant and negate the attractiveness of a call. Whole loanWhole loanA term that distinguishes an investment representing an original mortgage loan from a loan representing a participation with one or more lenders. Unit linked whole of life assuranceUnit linked whole of life assuranceSee: 'whole life assurance'. Further SuggestionsWholesalerwhole life insurance Weep Holes |
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