§ 6-101 Definitions
§ 6-102 Applicability
§ 6-103 Regulations; guidelines; forms

Terms Used In Maryland Code > ELECTION LAW > Title 6 > Subtitle 1 - Definitions and General Provisions

  • Administrator: includes an executor and a personal representative. See
  • Interest rate: The amount paid by a borrower to a lender in exchange for the use of the lender's money for a certain period of time. Interest is paid on loans or on debt instruments, such as notes or bonds, either at regular intervals or as part of a lump sum payment when the issue matures. Source: OCC
  • Lien: A claim against real or personal property in satisfaction of a debt.
  • Mortgage: The written agreement pledging property to a creditor as collateral for a loan.
  • Settlement: Parties to a lawsuit resolve their difference without having a trial. Settlements often involve the payment of compensation by one party in satisfaction of the other party's claims.