Related Words

Money Wire (Transfer): The process of moving money from one bank to another, sometimes between countries.

Purchase-Money Mortgage: A mortgage given as part of the buyers consideration for the purchase of real property, and delivered at the same time that the real property is transferred as a part of the transaction. It . . . View Full Definition

Rem Or Remote Wire: The cable connected between the amplifier and the receiver that turns on the amplifier whenever the receiver is on. The receiver's connection supplies a 12 volt signal only, that may be used . . . View Full Definition

Purchase Money Loan: A loan for the purpose of purchasing a home.

Precautionary Demand (For Money): The need to meet unexpected or extraordinary contingencies with a buffer stock of cash.

Seed Money: The first contribution by a venture capitalist toward the financing of a new business, often using a loan or purchase of convertible bonds or preferred stock. See: Mezzanine level and second round.

Smart Money: The tendency of small firms (in terms of total market capitalization) to outperform the stock market (consisting of both large and small firms).

Static Wire: A clip-on wire used to ground an aircraft by drawing off static electricity, a potential fire hazard, during refueling.

Speculative Demand (For Money): Purchasing risky investments that present the possibility of large profits, but also pose a higher-than-average possibility of loss. A profitable strategy over the long term if undertaken by . . . View Full Definition

Soft Money Loan: A loan where credit not cash is extended, usually by the seller carrying all or part of the financing.