Business / Real Estate / Low-Doc Or No-Doc Loan: Loans that require little or no documentation regarding the borrowers income, assets or liabilities. Because of the higher perceived risk, these loans will usually require a larger down payment, higher interest rate and high credit score for borrowers. Conventional qualifying ratios do not apply.
Business / Agriculture / P.L. 480 (Or Public Law 480): P.L. 83-480 (July 10, 1954), also called Food for Peace, is the common name for food aid programs established by the Agricultural Trade Development and Assistance Act of 1954, which seeks to expand fo MORE
Entertainment / Literature / Oxymoron: Using contradiction in a manner that oddly makes sense on a deeper level. Simple or joking examples include such oxymora as jumbo shrimp, sophisticated rednecks, and military intelligence. The richest MORE
Entertainment / Literature / Oxford English Dictionary: This fat, twelve+ volume work functions as an historical dictionary of English. It is generally considered the most authoritative and scholarly dictionary of English available--with nearly 300,000 wor MORE
Entertainment / Bowling / Pace or Pacer: A pacer bowls as part of a team only for the purpose of keeping the pace of the game more even; pacer scores do not count towards the team total. Also, the rhythm of your footwork as you approach the MORE
Science / Biology / Pacinian Corpuscles: Sensory receptors located deep in the epidermis that detect pressure and vibration. MORE