junior lender

Practical Law Dictionary. Glossary of UK, US and international legal terms. . 2010.

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  • Anton Baumstark junior — Anton Baumstark, der Jüngere, (* 4. August 1872 in Konstanz; † 31. Mai 1948 in Bonn) war ein deutscher Philologe, Orientalist und Liturgiewissenschaftler. Er gilt als Begründer der Wissenschaft vom Christlichen Orient und der Vergleichenden… …   Deutsch Wikipedia

  • equity funder — an investor who subscribes for equity in the project company or provides quasi equity, in the form of subordinated debt. Also known as a junior funder or a junior lender, because the debt provided is subordinated to debt provided by the debt… …   Law dictionary

  • Creditor — Lender of money. The New York Times Financial Glossary * * * creditor cred‧i‧tor [ˈkredtə ǁ ər] noun 1. [countable] ACCOUNTING COMMERCE a person or business to whom another person or business owes money: • The company said its largest creditor… …   Financial and business terms

  • Foreclosure — For Lacan s psychoanalytic process, see Foreclosure (psychoanalysis). House in Salinas, California under foreclosure, following the popping of the U.S. real estate bubble. Foreclosure is the legal process by which a mortgage lender (mortgagee),… …   Wikipedia

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  • Deed in lieu of foreclosure — A Deed in lieu of foreclosure is a deed instrument in which a mortgagor (i.e. the borrower) conveys all interest in a real property to the mortgagee (i.e. the lender) to satisfy a loan that is in default and avoid foreclosure proceedings. The… …   Wikipedia

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  • Student loans in the United States — While included in the term financial aid higher education loans differ from scholarships and grants in that they must be paid back. They come in several varieties in the United States:*Federal student loans made to students directly: No payments… …   Wikipedia

  • Short sale (real estate) — A short sale occurs when the proceeds of a real estate sale fall short of the balance owed on the property. [http://www.nolo.com/definition.cfm/Term/51715E63 5BC5 4DCE B5E96F71DFF3D5AB/alpha/S/ Short sale (of house) definition at Nolo.com.]… …   Wikipedia

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