Farm Credit System Insurance Corporation (FCSIC)

Business / Agriculture / Farm Credit System Insurance Corporation (FCSIC): An entity of the Farm Credit System (FCS), established by law in 1987, to insure the timely repayment of principal and interest on FCS debt securities.

Other Words for Credit

Credit Noun Synonyms: belief, faith, trust, credence
Credit Verb Synonyms: ascribe, acknowledge, attribute, assign, impute
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Other Words for Farm

Farm Interjectionection Synonyms: farmstead, farmhouse, grange, homestead, holding, land, farmland, acreage, arable, steading, smallholding, allotment, farm-toun, croft
Farm Noun Synonyms: cultivate, work the land, till the soil
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Other Words for Insurance

Insurance Verb Synonyms: assurance, surety, indemnity, indemnification, guarantee or guaranty, warranty, bond, security, protection, cover
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Other Words for System

System Noun Synonyms: scheme, method, approach, modus operandi, way, procedure, methodology, technique, plan, process, practice, routine
System Adjective Synonyms: organized whole, organization, set, group, combination, structure, arrangement, pattern, set-up
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Mortgage Insurance Premiums (MIP)

Business / Real Estate / Mortgage Insurance Premiums (MIP): Most FHA loans require the borrower to pay two mortgage insurance premiums: one upfront paid at closing, the second is an annual premium based on the loan balance each year. MORE

Mortgage Life Insurance

Business / Finance / Mortgage Life Insurance: A life insurance policy that pays off the remaining balance of the insured person's mortgage at death. MORE

Mortgage-Backed Securities Clearing Corporation (MBSCC)

Business / Finance / Mortgage-Backed Securities Clearing Corporation (MBSCC): A wholly owned subsidiary of the Midwest Stock Exchange that operates a clearing service for the comparison, netting, and margining of agency-guaranteed MBS transacted for forward delivery. MORE

Mortgage Insurance (PMI Or MI)

Business / Loan / Mortgage Insurance (PMI Or MI): Insurance that may be required when a loan is greater than 80% of the value of the home. This insurance protects the lender in the event a borrower fails to make his or her loan payments. The borrower MORE

Mortgage Insurance

Business / Real Estate / Mortgage Insurance: A kind of insurance policy that will pay off the mortgage balance in the event of death, and in some policies, disability. Premiums are paid with the regular monthly mortgage payment. MORE

Molecular Farming

Science / Genetics / Molecular Farming: The development of transgenic animals to produce human proteins for medical use. MORE

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