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It means that the borrower did not pay as promised. It means you are in default on the loan.
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What does 'Mammon' mean?
The word "mammon" means wealth, or greed associated with wealth, at least in Biblical terms. In German, the word means money. In Arabic, it can mean financial trust held for someone else.
What does bailout mean?
See: http://en.wikipedia.org/wiki/Bailout Bailout refers to the action of helping out somebody in trouble. You can compare the bailout in financial terms to the bail or parol we get for someone in jail. In bailout, a company with strong financial status offers to help a company that is in dire financial needs. Such a scenario is where the stronger company bails out the weaker one.
What does financial liberalization mean?
Financial Liberalization refers to deregulation of domestic financial market and liberalization of the capital account.
Terms best describes government involvement in the form of financial assistance to crisis-stricken banks and businesses?
Bailout A+
What does foreclousre mean?
legal proceedings initiated by a creditor to repossess a house or another property due to a loan in default.
What does standard settings mean in computer terms?
default standing
How can a single mother with default loans get financial aid?
If you are in default on federal student loans you are not eligible for financial aid until you get them out of default.
What does goods mean in financial terms?
anything bought or sold
Do the terms financial reporting and financial statement mean the same thing explain?
No they do not mean the same thing. Financial reporting is the more indept report. A financial statment are a subset of the total information in the financial report.
What does 'deemed to be in default' mean?
It means you have not complied with the terms of a contract, for instance, you have not made the scheduled payments on a loan.
What do you mean by performance?
An NPA, or non-performing asset is a classification used by financial institutions that refers to loans that are in jeopardy of being in default.
What does 'tranche' mean in financial terms?
Tranche is a derivative of the same french word meaning "slice." In financial terms it means a part of a transaction, for example an investment could be divided by tranches and have varying terms and returns depending upon the tranche.
What is mean by 2nd pari passu charge?
Parri Passu charge in terms of finance is equal charge on borrower, especially incase of default/bankruptcy Parri Passu charge in terms of finance is equal charge on borrower, especially incase of default/bankruptcy
What do you mean by performing asset?
An NPA, or non-performing asset is a classification used by financial institutions that refers to loans that are in jeopardy of being in default.
What do you mean by non-performing asset?
An NPA, or non-performing asset is a classification used by financial institutions that refers to loans that are in jeopardy of being in default.
What terms mean related to money?
The word "fiscal" means related to money and finance.
What does 'financial support' and 'maintenance' mean in a trust document?
It means someone who gives help in terms of finace surport.
