Purchase money mortgage


 

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Purchase money mortgage

A mortgage given by a buyer in lieu of cash when the buyer is unable to borrow commercially for the purchase of property.



Purchase money mortgage

Similar Matches

Share repurchase

Share repurchase

Program by which a corporation buys back its own shares in the open market. It is usually done when shares are undervalued. Since repurchase reduces the number of shares outstanding and thus increases earnings per share, it tends to elevate the market value of the remaining shares held by stockholders.


Purchase group

Purchase group

See: Underwriting syndicate


Purchase ledger

Purchase ledger

See 'ledger'.


Purchase fund

Purchase fund

Resembles a sinking fund, except that money is used to purchase bonds only if they are selling below their par value.


Counterpurchase

Counterpurchase

Exchange of goods between two parties under two distinct contracts expressed in monetary terms.


Further Suggestions

Contracted out money purchase scheme
Opening purchase
Specialist block purchase and sale
purchased life annuity
Direct stock purchase programs
Purchase agreement
Periodic purchase deferred contract
Lease With Option To Purchase
Open market purchase operation
Lease purchase agreement
Bargain purchase price option
direct purchase
Purchase and sale
Purchase order
Purchase fee
Corporate repurchase
closing purchase
Purchase accounting
compulsory purchase annuity
Toehold purchase
hire purchase
Stock purchase plan
money purchase scheme (defined contributions scheme)
Purchase
Money purchase plan


 
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