GLOSSARY

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.

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Late charge
Latent defect
Late payment
Lease option
Legal blemish
Legal description
Letter of intent
Leverage
Liabilities
Life cap
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