Deed Of Trust And Assignment Of Rents: The first page of a lending instrument, identifies the parties to the agreement, conveys title to the trustee, describes the collateral, states the terms and conditions of the note, and refers to previously recorded fictitious deeds of trust.

 

Related Words

Deed Of Trust And Assignment Of Rents: The first page of a lending instrument, identifies the parties to the agreement, conveys title to the trustee, describes the collateral, states the terms and conditions of the note, and refe . . . View Full Definition

Pre-Tax Earnings Or Profits: Net income before federal income taxes are subtracted.

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Pre-Tax Rate Of Return: Gain on a security before taxes.

PP and E: See Property, Plant & Equipment.

Power Of Attorney: A document which authorises a person to act on behalf of another is a power of attorney.

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

Pregnancy Discrimination Act (PDA) Of 1978: An amendment to Title VII of the Civil Rights Act of 1964 prohibiting discrimination on the basis of pregnancy, childbirth or related medical conditions, requiring pregnancy or related condi . . . View Full Definition