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Guaranteed mortgage certificates (GMC)
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Guaranteed mortgage certificates (GMC)First issued by Freddie Mac in 1975, G.M.C.s, like PCs, represent undivided interest in specified conventional whole loans and participations previously purchased by Freddie Mac.
RELATED TERMS--------------------------------------
Interest
The amount of money a lender loans a borrower to pay for using the borrower's principal.
SIMILAR TERMS--------------------------------------
Guarantee
The assumption of responsibility for payment of a debt or performance of some obligation if the liable party fails to perform to expectations.
Guarantee fee
A sum paid by the importer to the guarantor, usually as a percentage per annum of the face value of the bills or notes being guaranteed.
Guarantee funds
Guaranteed funds are issued by the leading UK institutions (all S&P rated) via their offshore arms and are available only to offshore investors, providing a contractual guarantee of principal plus a lock-on of income earned, and have yielded solid double digit returns consistently.
Guarantee letter
A commercial bank's letter assuring payment of the exercise price of a client's put option.
Guaranteed bond
A type of bond in which the interest and principal on the bond are guaranteed to be paid by a firm other than the issuer of the bond.
Guaranteed insurability
A life and health insurance policy feature that enables the insured to add coverage at future times and at fixed and agreed-upon rates regardless of health conditions.
Guaranteed insurance contract
A contract promising a stated nominal interest rate over some specific time period, usually several years.
Guaranteed investment contract (GIC)
Insurance contracts that guarantee the owner principal repayment and a fixed or floating interest rate for a predetermined period of time.
Guaranteed renewable policy insurance
A type of insurance policy that requires the insurer to renew the policy to an individual regardless of health changes.
Guaranteed replacement cost coverage insurance
A policy that covers the full cost of replacing damaged property without any allowances or deductions.
Guaranteeing- Avalising Bank
The person, bank, or financial entity who gives the guarantee for the importer.
Guarantor
A person who guarantees to pay for someone else's debt if he or she should default on a loan obligation.
Guarantor program
Under the Freddie Mac program, the aggregation by a single issuer (usually an S&L) for the purpose of forming a qualifying pool to be issued as PCs under the Freddie Mac guarantee.
Guaranty Bank
A United States bank with head office in Milwaukee, WI.|WI|||
Guardian
An individual or trust institution appointed by a court to care for a minor or an incompetent person and his or her property.
Guardian Capital Group
Guardian Capital Group is one of Canada's largest companies.
GUARDIAN Credit Union
GUARDIAN is a credit union with head office in PORTSMOUTH, VA
GUARDIAN FIRST Credit Union
GUARDIAN FIRST is a credit union with head office in FORT WORTH, TX
PREVIOUS AND NEXT TERMS--------------------------------------
Guarantee letter
A commercial bank's letter assuring payment of the exercise price of a client's put option.
Guaranteed bond
A type of bond in which the interest and principal on the bond are guaranteed to be paid by a firm other than the issuer of the bond.
Guaranteed insurability
A life and health insurance policy feature that enables the insured to add coverage at future times and at fixed and agreed-upon rates regardless of health conditions.
Guaranteed insurance contract
A contract promising a stated nominal interest rate over some specific time period, usually several years.
Guaranteed investment contract (GIC)
Insurance contracts that guarantee the owner principal repayment and a fixed or floating interest rate for a predetermined period of time.
Guaranteed mortgage certificates (GMC)
Guaranteed renewable policy insurance
A type of insurance policy that requires the insurer to renew the policy to an individual regardless of health changes.
Guaranteed replacement cost coverage insurance
A policy that covers the full cost of replacing damaged property without any allowances or deductions.
Guaranteeing- Avalising Bank
The person, bank, or financial entity who gives the guarantee for the importer.
Guarantor
A person who guarantees to pay for someone else's debt if he or she should default on a loan obligation.
Guarantor program
Under the Freddie Mac program, the aggregation by a single issuer (usually an S&L) for the purpose of forming a qualifying pool to be issued as PCs under the Freddie Mac guarantee.
RELATED TERMS--------------------------------------
Interest
The amount of money a lender loans a borrower to pay for using the borrower's principal.
SIMILAR TERMS--------------------------------------
Guarantee
The assumption of responsibility for payment of a debt or performance of some obligation if the liable party fails to perform to expectations.
Guarantee fee
A sum paid by the importer to the guarantor, usually as a percentage per annum of the face value of the bills or notes being guaranteed.
Guarantee funds
Guaranteed funds are issued by the leading UK institutions (all S&P rated) via their offshore arms and are available only to offshore investors, providing a contractual guarantee of principal plus a lock-on of income earned, and have yielded solid double digit returns consistently.
Guarantee letter
A commercial bank's letter assuring payment of the exercise price of a client's put option.
Guaranteed bond
A type of bond in which the interest and principal on the bond are guaranteed to be paid by a firm other than the issuer of the bond.
Guaranteed insurability
A life and health insurance policy feature that enables the insured to add coverage at future times and at fixed and agreed-upon rates regardless of health conditions.
Guaranteed insurance contract
A contract promising a stated nominal interest rate over some specific time period, usually several years.
Guaranteed investment contract (GIC)
Insurance contracts that guarantee the owner principal repayment and a fixed or floating interest rate for a predetermined period of time.
Guaranteed renewable policy insurance
A type of insurance policy that requires the insurer to renew the policy to an individual regardless of health changes.
Guaranteed replacement cost coverage insurance
A policy that covers the full cost of replacing damaged property without any allowances or deductions.
Guaranteeing- Avalising Bank
The person, bank, or financial entity who gives the guarantee for the importer.
Guarantor
A person who guarantees to pay for someone else's debt if he or she should default on a loan obligation.
Guarantor program
Under the Freddie Mac program, the aggregation by a single issuer (usually an S&L) for the purpose of forming a qualifying pool to be issued as PCs under the Freddie Mac guarantee.
Guaranty Bank
A United States bank with head office in Milwaukee, WI.|WI|||
Guardian
An individual or trust institution appointed by a court to care for a minor or an incompetent person and his or her property.
Guardian Capital Group
Guardian Capital Group is one of Canada's largest companies.
GUARDIAN Credit Union
GUARDIAN is a credit union with head office in PORTSMOUTH, VA
GUARDIAN FIRST Credit Union
GUARDIAN FIRST is a credit union with head office in FORT WORTH, TX
PREVIOUS AND NEXT TERMS--------------------------------------
Guarantee letter
A commercial bank's letter assuring payment of the exercise price of a client's put option.
Guaranteed bond
A type of bond in which the interest and principal on the bond are guaranteed to be paid by a firm other than the issuer of the bond.
Guaranteed insurability
A life and health insurance policy feature that enables the insured to add coverage at future times and at fixed and agreed-upon rates regardless of health conditions.
Guaranteed insurance contract
A contract promising a stated nominal interest rate over some specific time period, usually several years.
Guaranteed investment contract (GIC)
Insurance contracts that guarantee the owner principal repayment and a fixed or floating interest rate for a predetermined period of time.
Guaranteed mortgage certificates (GMC)
Guaranteed renewable policy insurance
A type of insurance policy that requires the insurer to renew the policy to an individual regardless of health changes.
Guaranteed replacement cost coverage insurance
A policy that covers the full cost of replacing damaged property without any allowances or deductions.
Guaranteeing- Avalising Bank
The person, bank, or financial entity who gives the guarantee for the importer.
Guarantor
A person who guarantees to pay for someone else's debt if he or she should default on a loan obligation.
Guarantor program
Under the Freddie Mac program, the aggregation by a single issuer (usually an S&L) for the purpose of forming a qualifying pool to be issued as PCs under the Freddie Mac guarantee.
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This dictionary contains 24549 terms.
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