Assumption Subject To: When a loan is taken subject to, the seller agrees to remain liable and the buyer accepts no liability in the event of a deficiency on a foreclosure.

 

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Assumption Subject To: When a loan is taken subject to, the seller agrees to remain liable and the buyer accepts no liability in the event of a deficiency on a foreclosure.

Qualifying Stock Option: A benefit granted by a corporation that allows employees to purchase shares at a discount price.

Quantum-Touch: This hands-on healing method offers spontaneous adjusting of proper alignment of the body. Principles behind Quantum-Touch involve resonance, intention, attention, breath, and innate body in . . . View Full Definition

Quantos: Currency options with a guaranteed exchange rate that enable buyers who like an asset, German bonds for example, but not the asset's pricing currency, to arrange payment in a different curre . . . View Full Definition

Quadruple Stop: Playing four notes simultaneously on a string instrument.

Putout: In scoring, a fielder is credited with a putout if he receives the ball to put out a baserunner or a hitter.

Q Ratio Or Tobins Q Ratio: Market value of a firm's assets divided by replacement value of the firm's assets. Named after James Tobin of Yale University.

Quarter Stock: Stock with a par value of $25 per share.

Quartzose Sandstone: (1) A quartz arenite. (2) A clean quartz sandstone, less pure than a quartz arenite, that may contain a moderate amount of other detrital minerals and/or calcite cement.

Radar Detector: An electronic device used to find any radar operating in the vicinity.