LOAN REGISTER
A journal which chronicles time loans in chronological order. It records when the maturity of the loans and organizes it by numbering the loans consecutively. Used by loan officers, they track due date of loans in order to notify clients with their respective due dates.
Also known as maturity ticklers.
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Credit Inquiry
Transaction in which a bank or financial institution reviews an individual’s credit report relative to a loan or credit card application. The ...
Caput
Exotic option comprised of a call option placed over a put option. In essence, it gives the option holder the right to buy another option. Also cal ...
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