CFR > Title 12 > Chapter II > Subchapter A > Part 217 > Subpart E > Qualification
Current as of: 2024 | Check for updates
|
Other versions
§ 217.121 | Qualification process |
§ 217.122 | Qualification requirements |
§ 217.123 | Ongoing qualification |
§ 217.124 | Merger and acquisition transitional arrangements |
Terms Used In CFR > Title 12 > Chapter II > Subchapter A > Part 217 > Subpart E > Qualification
- Assets: (1) The property comprising the estate of a deceased person, or (2) the property in a trust account.
- Credit Score: A number, roughly between 300 and 800, that measures an individual's credit worthiness. The most well-known type of credit score is the FICO score. This score represents the answer from a mathematical formula that assigns numerical values to various pieces of information in your credit report. Source: OCC
- Evidence: Information presented in testimony or in documents that is used to persuade the fact finder (judge or jury) to decide the case for one side or the other.
- Guarantor: A party who agrees to be responsible for the payment of another party's debts should that party default. Source: OCC
- 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
- Oversight: Committee review of the activities of a Federal agency or program.