Business Terms and Jargon Explained

What is Remortgage

This is where a property, which has already been mortgaged, takes out another mortgage on top of the original mortgage either to raise funds or to pay off the first mortgage as the second one has a better rate of interest.

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Kyat Shares Term Draft
Public Domain Backdoor Ratio decidendi
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CMO Loading List Blue-collar worker
Orse Aggregates Levy Aftershocks
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MD2 Quantum meruit Default Surcharge
Due date Retail Prices Index - RPI - RPIX Zero rated

Term created / updated 2005-07-16 23:12:15

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