TEASER RATE, in lending, is the initial rate set on adjustable-rate mortgages (ARMs) by the lender to attract prospective borrowers. It is the coupon rate an investor earns in the first year.
FOREIGN is of concern to, or concerning the affairs of, other nations (other than your own) (Example: Foreign trade or companies).
AS-IS CONDITION is the transfer of title to a property in an existing condition with no warranties or representations.
Enter a term, then click the entry you would like to view.