Project Loan Certificate (PLC)

Business / Finance / Project Loan Certificate (PLC): A primary program of Ginnie Mae for securitizing FHA-insured and coinsured multifamily, hospital, and nursing home loans.

Other Words for Loan

Loan Verb Synonyms: advance, allowance, credit, accommodation
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Other Words for Project

Project Adjective Synonyms: recommend, endorse, sponsor, support, espouse, commend, advocate, advance, champion, talk up, speak for, side with, present, call attention to
Project Noun Synonyms: proposal, plan, scheme, design, layout
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Participation Certificates (PC)

Business / Finance / Participation Certificates (PC): Used in the context of general equities. Investments representing an interest in a pool of funds or in other instruments, such as foreign securities, that allow participation in the rise or fall of a MORE

Participation Certificates

Business / Real Estate / Participation Certificates: Certificates issued by Freddie Mac backed by pools of mortgages. MORE

Participation Loan

Business / Finance / Participation Loan: A large loan made by a group of lenders, that enables a borrower to obtain financing above the legal lending limit of an individual lender. MORE

Personal Loan

Business / Debt / Personal Loan: Loans available from banks and other financial institutions to private individuals for personal use such as the purchase of a motor vehicle, holiday or similar item are personal loans. Repayment perio MORE

Policy Loan

Business / Finance / Policy Loan: A loan often made at a below-market interest rate from an insurance company to a policyholder that is secured by the cash surrender value of a life insurance policy. MORE

Piggyback Loans

Business / Real Estate / Piggyback Loans: A loan divided into two parts with one lender taking a secondary security position. MORE

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