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Category - Real Estate Glossary - Real Estate Terminology

1.   In lending, the power of an individual to secure money or obtain goods on time, in consequence of the favorable opinion held by the community or by the particular lender, as to his or her solvency and reliability; a debt considered from the creditor.

2.   The money a lender extends to a buyer foa commitment to repay what is lent within a certain period of time.

 

 
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Real Estate Glossary - Real Estate Terminology
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