TERMIUM Plus^®

Record 1,  Textual support,  English

Record number: 1, Textual support number: 1 DEF

Funding where the lender agrees not to pursue the borrower for amounts owing over and above the value of the security pledged if the borrower is unable to pay.  3, record 1, English, - non%2Drecourse%20financing

Record 1,  Textual support,  French

Record number: 1, Textual support number: 1 DEF

Activité de financement dans laquelle le créancier ne possède aucun recours de nature générale contre le débiteur, si ce n'est la sûreté réelle sur un bien donné en garantie de l'exécution de l'obligation.  4, record 1, French, - financement%20garanti%20uniquement%20par%20s%C3%BBret%C3%A9%20r%C3%A9elle

Record 1,  Textual support,  Spanish

Record number: 1, Textual support number: 1 DEF

Financiamiento en el que el prestamista está de acuerdo en no demandar al prestatario por saldos deudores superiores al valor de los títulos empeñados si éste último es incapaz de pagar.  2, record 1, Spanish, - financiamiento%20sin%20posibilidad%20de%20recurso

Record 2,  Textual support,  English

Record number: 2, Textual support number: 1 DEF

Resale of instruments such as banker's acceptances already discounted by lender, usually with central bank or discount house, at a price less than the face value.  2, record 2, English, - rediscount

Record number: 2, Textual support number: 1 CONT

When the Federal Reserve System was started, it was thought that discount policy would be most important of all. The idea was to have member banks "rediscount" their customers’ promissory notes, sending them over to the Reserve Banks in return for new cash.  3, record 2, English, - rediscount

Record 2,  Textual support,  French

Record 2,  Textual support,  Spanish

Record 3,  Textual support,  English

Record number: 3, Textual support number: 1 CONT

A lender could take a "collateral charge" over their house(this is a legal liability that gives the lender the same power as if they had a full mortgage) and if the lender ever had to re-possess your house and was unable to cover the value of the mortgage on sale, they could then re-possess your parents house to recover their loss.  2, record 3, English, - collateral%20charge

Record 3,  Textual support,  French

Record number: 3, Textual support number: 1 OBS

charge accessoire : terme normalisé par le Comité de normalisation, Promotion de l'accès à la justice dans les deux langues officielles (PAJLO).  2, record 3, French, - charge%20accessoire

Record 3,  Textual support,  Spanish

Record 4,  Textual support,  English

Record number: 4, Textual support number: 1 DEF

A loan arrangement where the lender agrees not to pursue the borrower for amounts owing over and above the value of the security pledged if the borrower is unable to pay.  2, record 4, English, - non%2Drecourse%20loan

Record 4,  Textual support,  French

Record 4,  Textual support,  Spanish

Record 5,  Textual support,  English

Record number: 5, Textual support number: 1 CONT

A contract made by a corporation in contravention of this section may be enforced by... a lender for value in good faith without notice of the contravention.  1, record 5, English, - lender%20for%20value

Record 5,  Textual support,  French

Record number: 5, Textual support number: 1 CONT

[...] il en est de même du prêteur à titre onéreux de bonne foi qui n'a pas été avisé de la violation.  1, record 5, French, - pr%C3%AAteur%20%C3%A0%20titre%20on%C3%A9reux

Record 5,  Textual support,  Spanish

Record 6,  Textual support,  English

Record number: 6, Textual support number: 1 DEF

A mortgage in which the borrower agrees to share with the lender a sizable percent(often 30% to 50%) of the appreciation in the property's value when the borrower sells or transfers the property, or after a specified number of years. Such mortgages often have relatively low interest rates.  3, record 6, English, - shared%20appreciation%20mortgage

Record number: 6, Textual support number: 1 OBS

shared appreciation mortgage: term and text reproduced from The Encyclopedia of Banking and Finance, Tenth Edition (1993), by Glenn G. Munn, F.L. Garcia and Charles J. Woelfel, with the permission of the copyright holder, The McGraw-Hill Companies Inc. In no event shall McGraw-Hill have any liability to any party for special, incidental, tort, or consequential damages arising out of or in connection with the use of this material.  4, record 6, English, - shared%20appreciation%20mortgage

Record 6,  Textual support,  French

Record 6,  Textual support,  Spanish

Record 7,  Textual support,  English

Record number: 7, Textual support number: 1 DEF

Mortgage loan in which the amount advanced by the lender is close to the appraised value of the property. Generally, any mortgage with a loan-to-value ratio higher than 80% is considered a high ratio loan.  2, record 7, English, - high%20ratio%20loan

Record 7,  Textual support,  French

Record 7,  Textual support,  Spanish

Record 8,  Textual support,  English

Record number: 8, Textual support number: 1 DEF

A form of mortgage loan in which the lender gives the borrower a low interest rate in return for sharing in the ownership of a house(shared equity) or in the expected increase in value of a property(shared appreciation). The lender takes his share when the house is sold or refinanced.  1, record 8, English, - shared%20equity%20mortgage

Record 8,  Textual support,  French

Record 8,  Textual support,  Spanish