Skip payment privilege

 

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Skip payment privilege

A mortgage contract clause giving borrowers the right to skip payments if they are ahead of schedule.



Skip payment privilege

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Oversubscription privilege

Oversubscription privilege

In a rights issue, arrangement by which shareholders are given the right to apply for any shares that are not taken up.


Subscription privilege

Subscription privilege

The right of current shareholders of a corporation to buy newly issued shares before they are available to the public.




 
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