Related Words

Cash-Out Scheme: Where a buyer offers a large cash downpayment and asks the seller to carry-back the balance as a subordinate trust deed.

Scheme: Figure of speech that varies the order and sound of words. Examples include alliteration, assonance, chiasmus, and rhyme.

Rhyme Scheme: The pattern of rhyme. The traditional way to mark these patterns of rhyme is to assign a letter of the alphabet to each rhyming sound at the end of each line. For instance, here is the first . . . View Full Definition

Pyramid Scheme: An illegal, fraudulent scheme in which a con artist convinces victims to invest by promising an extraordinary return but instead simply uses newly invested funds to pay off any investors who . . . View Full Definition

Cash-Out: When a seller of a property wants to receive the entire sales price in cash with no carry-back financing.

Cash-Out Refinancing Loan: A loan that refinances a prior mortgage and that provides additional cash to the borrower. Funds.