Bankrate's financial glossary
Did you run across an unfamiliar term when applying for a mortgage, credit card
or auto loan? Find the meaning here, along with definitions of other financial words
and phrases, in Bankrate.com's financial glossary.
Any permanent structure or other asset added to a property that adds to its value.
An outing in which a group of real-estate agents look at houses that have been listed for sale recently.
Certificate of deposit index
A table of interest rates paid on certificates of deposit that is used to determine interest-rate changes for adjustable-rate mortgages.
Certificate of eligibility
A document that verifies that the bearer is eligible for a loan guaranteed by the Veterans Administration.
Certificate of occupancy
Authorization by a local government giving permission for someone to live in or use a building that has just been constructed or renovated.
The scheduled period in which an adjustable-rate mortgage adjusts.
A loan backed by movable personal property. It is seldom used anymore.
Cloud on title
A claim on title to property that could impair the ability to transfer ownership.
A doctrine by which a local government specifies the population density of a planned development, and the developer has the option of making some areas of the development more densely populated than others.
A policy in which the insurer and insured share costs incurred after the deductible is met.