A method of real estate financing; a mortgage-holding seller finances a buyer by taking a down payment and subsequent payments in installments, but holds the title until the mortgage is fully repaid.
Similar Matches
Bank Investment Contract (BIC)
Bank Investment Contract (BIC) Interest guaranteed by the bank in a
Interest over a specific time frame with
a specific Interest.
Bullet contract
Bullet contract A guaranteed investment contract purchased with a single (one-shot) premium. Related: Window contract.
Cash settlement contracts
Cash settlement contracts Futures contracts such as stock index futures that settle for cash and do not involve delivery of the underlying.