Re Mortgage

Business / Debt / Re Mortgage: To re mortgage is arranging alternative finance for the purchase of a property which is already mortgaged.

Mortgage Pass-Through Security

Business / Finance / Mortgage Pass-Through Security: Also called a pass-through, a security created when one or more mortgage holders form a collection (pool) of mortgages and sells shares or participation certificates in the pool. The cash flow from th MORE

Received Pronunciation

Entertainment / Literature / Received Pronunciation: The accent used by upper class British citizens--usually considered a prestigious or 'classy' pronunciation. Linguists refer to this accent by the abbreviation RP. [One personal aside--for any compute MORE

Receive Versus Payment

Business / Finance / Receive Versus Payment: An instruction that only cash will be accepted in exchange for delivery of securities. MORE

Receivables Turnover Ratio

Business / Finance / Receivables Turnover Ratio: Total operating revenues divided by average receivables. Used to measure how effectively a firm is managing its accounts receivable. MORE

Receivables Balance Fractions

Business / Finance / Receivables Balance Fractions: The percentage of a month's sales that remains uncollected (and part of accounts receivable) at the end of succeeding months. MORE

Receiver

Business / Debt / Receiver: A person appointed by a court to finalize the affairs of a company and to utilise assets to pay its creditors MORE

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