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Short sale

💡 Words with a Similar Meaning to "Short sale"

Found via reverse dictionary — words that share a conceptual meaning.

WordDefinition
short sellingnoun(commerce, finance) The practice of selling items or stock which one does not currently possess.
soft loannoun(finance) A loan with a below-market interest rate and sometimes other concessions to the borrower.
buydownnoun(mortgage finance) A payment by a third-party to a lender to reduce some of all of the payments otherwise required, especially in first few years of the loan, thereby enhancing the apparent quality of the loan.
negative equitynoun(finance) The situation in which a property is worth less than its mortgage.
reverse mortgagenoun(finance) An agreement under which money is borrowed using one's home as collateral, to be repaid from the proceeds of its sale (usually on the owner's death).
submortgagenoun(law) A secured loan whereby a mortgagee uses his interest in a mortgage as collateral on a loan with a third party, in effect transferring or assigning the mortgage thereto.
paydownnoun(finance) The reissue of an unpaid debt for less than the initial issue.
sub-lessornounAlternative form of sublessor. [(property law) A tenant (or lessee) that grants a sublease; one who sublets.]
down paymentnoun(law, finance) A payment representing a fraction of the price of something being purchased, made to secure the right to continue making payments towards that purchase.
subsublessornoun(property law) Synonym of subunderlessor.
rentbacknounThe sale and subsequent renting of a property, as an alternative to foreclosure
haircutnounThe act of cutting of the hair, often done professionally by a barber, hair stylist, or beautician.
foreclosurenoun(law) The proceeding, by a creditor, to regain property or other collateral following a default on mortgage payments.
low-doc loannoun(US, Australia, banking, finance) A loan or mortgage where the borrower provides only limited proof of their income.
subletternoun(property law, real estate) Synonym of sublessor.
forclosurenounAlternative form of foreclosure. [(law) The proceeding, by a creditor, to regain property or other collateral following a default on mortgage payments.]
sublessornoun(property law) A tenant (or lessee) that grants a sublease; one who sublets.
downpaymentnounAlternative form of down payment. [(law, finance) A payment representing a fraction of the price of something being purchased, made to secure the right to continue making payments towards that purchase.]
leasebacknoun(finance) A property transaction where a party sells something, then leases it from the purchaser. The seller is released from tax, depreciation, and maintenance costs, and the buyer is guaranteed an income from the property.
subletnoun(property law, real estate, informal) Synonym of sublease.

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