Terms Starting with P
- Pre-existing Condition (PRE-X) — Acronym,
- A medical condition that's occurrence precedes the writing of an insurance policy.
- Pre-existing Condition Exclusion (PCE) — Acronym,
- Pre-Existing Condition Insurance Plan (PCIP) — Acronym,
- Pre-Existing Medical Condition (PEMC) — Acronym,
- Pre-Market Notification (PMN) — Acronym,
- Pre-paid Expenses — Definition,
- also called prepaid items or prepaids -- Recurring costs such as taxes, insurance and interest that are paid at closing and which cannot be financed.
- Pre-paid Insurance — Definition,
- A insurance policy where insurance premiums are all paid in advance, normally offered in one year terms.
- Pre-paid Interest — Definition,
- Interest that a borrower pays before it is due, usually to save taxes.
- Pre-payment — Definition,
- Applying additional payments towards the balance of a mortgage loan.
- Pre-payment Clause — Definition,
- A clause that stipulates the amount of principal a borrower may prepay ahead of schedule without penalty as well as the prepayment penalty for larger prepayments.
- Pre-payment Penalty — Definition,
- A lender's charge to the borrower for paying off the loan before the end of the term.
- Pre-qualification — Definition,
- An informal process in which a lender will offer an opinion on how much money you may be able to borrow. This opinion is based entirely on the financial information you provide and is neither binding nor necessarily accurate because lenders have not yet verified your financial information.
- Pre-Shipment Inspection (PSI) — Acronym,
- Pre-sold Home — Definition,
- A house that is sold prior to construction as opposed to a house built on spec.
- Pre-Tax Operating Income (PTOI) — Acronym,
- The operating income generated by a company, less expenses, before taxes have been paid.
- Pre-War (PW) — Acronym,
- Predatory Lending (PL) — Acronym, Important,
- Lending practices that are unfair, deceptive or fraudulent.
- Preference Equity Redemption Cumulative Stock (PERCS) — Acronym,
- Preference or Preferred (pref) — Abbreviation,
- Preferred Auto — Definition,
- Auto insurance for those with better driving records.
- Preferred Dividends (PD) — Acronym,
- Preferred Equity Redemption Stock (PERC) — Acronym,
- Preferred Income Participation Security (PIPS) — Acronym,
- Preferred Provider Organization (PPO) — Acronym,
- A health care program that gives its members a level of freedom and independence when choosing health care options.
- Preferred Redeemable Increased Dividend Equity Security (PRIDES) — Acronym,
- Preferred Stock — Definition,
- A type of security that signifies part ownership in a corporation and is given preferential treatment over common stocks.
- Preferred Stock Purchase Agreement (PSPA) — Acronym,
- Preferred Trade Area (PTA) — Acronym,
- Premises (prem) — Abbreviation,
- Premium — Definition,
- A payment made to an insurance company for insurance coverage.
10.
Pre-existing Condition -
Predatory Lending
Predatory Lending
