DEFEASANCE PROCESS
A process to substitute collateral when looking to sell or refinance an existing property which was acquired through a real-estate loan. Plainly speaking, the defeasement process involves the remainder of the amount owing on the loan being used to purchase government securities which are then given to the lender in exchange for releasing the property for refinance or sale by the borrower. While there are variations on the steps taken to ensure proper execution of the defeasement process, it is most often involves multiple steps and multiple parties.
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A document between the shipper and the carrier telling the type, quantity and destination of the good being carried. It also serves as a receipt of ...
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Freeganism
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Controlling Interest
High enough ownership percentage to impose changes or have legal control in a company. A single shareholder or a group of shareholder owns more tha ...
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