Conglomerate

Business / Finance / Conglomerate: Mortgage loans that meet the qualifications of Freddie Mac or Fannie Mae, which are bought from lenders and issued as pass-through securities.

Conglomerate Merger

Business / Finance / Conglomerate Merger: A firm engaged in two or more unrelated businesses. MORE

American Resort Development Association (ARDA)

Life Style / Time Shares / American Resort Development Association (ARDA): Based in Washington, D.C., this is the foremost trade association representing the timeshare ownership and property development industries. ARDA advocates on behalf of resort owners and developers and MORE

Rebalancing

Business / Finance / Rebalancing: Realigning the proportions of assets in a portfolio as needed. MORE

Clastic

Science / Geology / Clastic: A sedimentary rock (such as shale, siltstone, sandstone or conglomerate) or sediment (such as mud, silt, sand, or pebbles). An accumulation of transported weathering debris. MORE

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