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 ordinarily pays the cost of MI or PMI, in the form of monthly premiums added to the mortgage payments.

Other Words for Insurance

Insurance Verb Synonyms: assurance, surety, indemnity, indemnification, guarantee or guaranty, warranty, bond, security, protection, cover
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Private Mortgage Insurance

Business / Loan / Private Mortgage Insurance: Private Mortgage Insurance (PMI or MI)- Insurance required to be paid for by the borrower to protect the lender in the event payments are not made on time; most often required when the loam amount exc MORE

Out-Of-Network Provider

Health / Dentistry / Out-Of-Network Provider: Any health care provider that does not belong to a CIGNA network. Members can use their benefits for out-of-network expenses, but miss out on in-network discounts. MORE

Out-Of-Favor Industry Or Stock

Business / Finance / Out-Of-Favor Industry Or Stock: An unpopular industry or stock that usually has a low price-earnings ratio. MORE

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