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Posts Tagged ‘Loan’

Amortized Note

Definition: A promissory note that is entirely paid off in installments. Read more

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Abatement

Definition: A reduction in or reprieve from a tax, debt or any other payment obligation. Read more

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Triple Net Lease

Definition: A lease in which the lessee pays rent to the lessor, as well as all taxes, insurance, and maintenance expenses that arise from the use of the property. Read more

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Balloon Loan

Definition: Sometimes known as a bullet loan, a Balloon Loan is a loan that requires a large sum of money to be paid when the loan term is complete. Read more

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