Funding Letter

Business / Real Estate / Funding Letter: Cover letter prepared by the escrow agent to the lender detailing the documents being forwarded to the lender to complete the borrowers loan and release the loan proceeds to escrow.

Other Words for Letter

Letter Noun Synonyms: character, symbol, sign
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Opinion Letter

Business / Human Resources (HR) / Opinion Letter: A written document issued by government agencies used to provide a ruling on a particular issue. MORE

No-Action Letter

Business / Finance / No-Action Letter: A letter from the Securities and Exchange Commission agreeing that the commission will take no civil or criminal action against a party, regarding a specific activity. MORE

Plan Funding

Health / Health Insurance / Plan Funding: The method that an employer or other payor or purchaser uses to pay medical benefit costs and administrative expenses. MORE

Prerefunding

Business / Finance / Prerefunding: Procedure of floating a second bond at a lower interest rate in order to pay off the first bond at the first call date and to reduce overall borrowing costs. MORE

Private Letter Ruling

Business / Finance / Private Letter Ruling: A ruling by the IRS in response to a request for interpretation of a tax law. MORE

Private Export Funding Corporation (PEFCO)

Business / Finance / Private Export Funding Corporation (PEFCO): Company that mobilizes private capital for financing the export of big-ticket items by U.S. firms by purchasing at fixed interest rates the medium- to long-term debt obligations of importers of U.S. p MORE

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