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Old 08-05-2011, 04:18 PM   #344
Antisdill
 
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Default Hot mortgage issues in Cambridge

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financial leverage ratio (G2, G3)<br />Total debt as a proportion of total assets; also known as gearing. This is an indication

chaebol (LO, M1)<br />Korean group of giant companies controlled by a family-owned holding company.<br /> See also: zaibatsu

<strong>Reaffirmation</strong> – A borrower' s acknowledgment of a loan repayment obligation, including all principal, interest, and other costs, in a legally binding manner.

Japanese auction (DO)<br />An ENGLISH AUCf iON that does not accept any new bidders after the bidding starts. The bidders must indicate whether they want to continue to bid, or drop out.

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