OWNERS EQUITY RATIO Definition

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OWNERS EQUITY RATIO see RETURN ON STOCKHOLDERS EQUITY.

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OBLIGATION BOND is a bond signed by a mortgagor (borrower) for an amount greater than the loan amount. Such a bond creates a personal obligation on the part of the borrower and assures the lender of recourse in case of nonpayment of property taxes and insurance or past due interest on the mortgage.

BVI is an acronym for British Virgin Islands (a major offshore banking and corporation player).

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