See Also: Call money rate(money)
Call money rate(finance)
Money rate of return(money)
Money rate of return(finance)
cumulation(dictionary)
Tight money or dear money(finance)
e-money(dictionary)
Near Money(money)
Near money(finance)
New Money(money)

Rate lock (money) and cumulation (iou)


Rate lock (money)


Definition: [crh] An agreement between the mortgage banker and the loan applicant guaranteeing a specified Definition: =interest+rate">interest rate for a designated period, usually 60 days.







cumulation (iou)



cumulation noun. E17.
[Late Latin cumulatio(n-), formed as CUMULATE verb: see -ATION.]
The action of heaping up; a mass, a heap; accumulation. Chiefly fig. E17.
The taking of higher and lower university degrees together. Cf. ACCUMULATION 3. Only in M17.
(A list obtained by) the process of cumulating lists of book titles. E20.