HomeDefinitionsCompareDebt Purchase money mortgageThe financial definition for Purchase money mortgage:A mortgage given by a buyer in lieu of cash when the buyer is unable to borrow commercially for the purchase of property. Similar MatchesBargain purchase price optionBargain purchase price optionGives the lessee the option to purchase the asset at a price below fair market value when the lease expires. Corporate repurchaseCorporate repurchaseActive buying by a corporation of its own stock in the marketplace. Reasons for repurchase include putting idle cash to use, raising EPS, creating support for a stock price, increasing internal control (shark repellant), or stock for ESOP or pension plans. Repurchase is subject to rules, such as that buying must be on a zero minus or a minus tick, after the opening and before 3:30 p.m. CounterpurchaseCounterpurchaseExchange of goods between two parties under two distinct contracts expressed in monetary terms. Further SuggestionsDirect stock purchase programsLease purchase agreement Money purchase plan Open market purchase operation Opening purchase Periodic purchase deferred contract Purchase Click to compare definitions of Purchase money mortgage Click to view definitions beginning pu |