PURCHASE MONEY MORTGAGE Definition

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PURCHASE MONEY MORTGAGE (PMM) is seller financing as a part of the purchase price.

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IBA, among others, can mean: Individual Brokerage Account, Individually Billed Accounts, Institute of Business Appraisers, International Bar Association, or, International Business Advisors.

REFERENDUM is when a legislative act is referred for final approval to a popular vote by the electorate, e.g., a bond referendum.

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