CFR > Title 12 > Chapter XII > Subchapter E > Part 1291 > Subpart A – General
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§ 1291.1 | Definitions |
§ 1291.2 | Compliance dates |
Terms Used In CFR > Title 12 > Chapter XII > Subchapter E > Part 1291 > Subpart A - General
- Deed: The legal instrument used to transfer title in real property from one person to another.
- dividend: includes any dividends on capital stock subject to a redemption request even if under GAAP those dividends are treated as an "interest expense. See 12 CFR 1291.1
- 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.
- Litigation: A case, controversy, or lawsuit. Participants (plaintiffs and defendants) in lawsuits are called litigants.
- Mortgage: The written agreement pledging property to a creditor as collateral for a loan.
- Obligation: An order placed, contract awarded, service received, or similar transaction during a given period that will require payments during the same or a future period.
- Partnership: A voluntary contract between two or more persons to pool some or all of their assets into a business, with the agreement that there will be a proportional sharing of profits and losses.
- 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.