What a mortgagee means?

The mortgagee is another word for the bank or lending institution providing the funds to purchase a home or refinance. “The mortgagee has rights to the real estate collateral associated with securitizing the loan, providing them with protection against default,” Heck says.

What is meant by debenture in Tamil?

கடன் பத்திர Debt takes many forms – from bonds, debentures , bank loans and notes payable, to other more complicated forms of debt units. an unsecured loan certificate issued by a company, backed by general credit rather than by specified assets. translation of ‘debenture’ கடனீட்டுப் பத்திரம்

What is the meaning of portfolio in Tamil?

Definition in English: A large, flat, thin case for carrying loose papers or drawings or maps; usually leather. Definition in Tamil: தளர்வான ஆவணங்களைக் கொண்டு ஒரு பெரிய, பிளாட், மெல்லிய கோப்பு.

What is mortgagee and mortgagor?

Mortgagee vs. Mortgagor. In simple words, the mortgagee is the lender, whereas the mortgagor is the borrower. The mortgagor requires the secured loan and typically pledges his/her property as collateral to the mortgagee until the loan and associated interest payments are paid in full.

Who is first mortgagee?

First Mortgagee means the holder or beneficiary of any First Mortgage.

What is mortgage example?

Mortgage Payments For example, if an individual takes out a $250,000 mortgage to purchase a home, then the principal loan amount is $250,000. Lenders typically like to see a 20% down payment on the purchase of a home.

Is debenture a debt?

A debenture is a marketable security (a type of investment) issued by a business or other organization to raise money for long-term activities and growth. It is a form of debt capital so it is accounted for as debt on the balance sheet of the issuing company.

What is difference between share and debenture?

Shares are the company-owned capital. Debentures are the borrowed capital of the company. The person who holds the ownership of the shares is called as Shareholders. The person who holds the ownership of the Debentures is called as Debenture holders.

What is a student portfolio?

A student portfolio is a compilation of academic work and other forms of educational evidence assembled for the purpose of (1) evaluating coursework quality, learning progress, and academic achievement; (2) determining whether students have met learning standards or other academic requirements for courses, grade-level …