Wraparound
(redirected from Wraparounds)

Also found in: Dictionary/thesaurus, Wikipedia

0.01 sec.

Wraparound

A financing device that permits an existing loan to be refinanced and new money to be advanced at an interest rate between the rate charged on the old loan and the current market interest rate. The creditor combines or "wraps" the remainder of the old loan with the new loan at the intermediate rate.

Wraparound

A loan whereby the borrower re-finances a previous loan at an interest rate between the current market rate and the interest rate at which the first loan was made, which is presumably lower. This allows the borrower to re-finance the first loan without being forced to accept a significantly higher interest rate.

Want to thank TFD for its existence? Tell a friend about us, add a link to this page, add the site to iGoogle, or visit the webmaster's page for free fun content.

?Page tools

Printer friendly
Cite / link

Feedback
Add definition

Mentioned in	?		References in periodicals archive	?		Financial browser	?		Full browser	?
all-inclusive deed of trust carry-back financing underlying mortgage Wraparound Annuity wraparound mortgage			The specialty of wraparounds is that a single semicircular lens with a plastic frame and nosepiece covers much of the area covered by the ordinary dual lens goggles. Police Sunglasses for All Jobs by Sunil Punjabi / Home improvement and landscaping community Wraparounds, pounds 15, Marks & Spencer (0845 302 1234) Round Face Choose bold or strong shapes to balance fullness and create a narrowing effect. YourLIFE: SPECS APPEAL; SUNGLASSES TO SUIT YOUR FACE SHAPE by The Mirror (London, England) Card sponsors include wraparounds in their card programs to enhance savings for beneficiaries. Pharmacy-Centric Medicare Prescription Discount Cards Save Seniors ... by PR Newswire			World Gold Council World Health Organization World Insurance World Intellectual Property Organization World Investible Wealth World Meteorological Organization World Price World Radiocommunication Conference World Tourism Organization World Trade Organization WorldCom Worn Currency Worry Worst-Case Scenario worthier title doctrine Worthless Worthless Securities Worthless Security WOW Wrap Account Wrap Fee Wrap-Around Mortgage Wraparound Wraparound Annuity wraparound mortgage Wraparounds Wright Brothers Wrinkle Wrinkled Wrinkles Writ Writ of Attachment writ of certiorari writ of ejectment Writ of Error writ of execution Writ of Seizure and Sale Write Write Down Write Off Write Out Write-Back write-down write-off Writedown Writeoff Writer Writeup Writing Writing Cash-Secured Puts Writing Naked			Wrap-Around Mortgage wrap-around plate wrap-around type Wrap-Around Viterbi Algorithm Wrap-Around-Fin Aircraft Rocket wrap-up wrap-ups wraparound wraparound Wraparound Annuities Wraparound annuity wraparound arthrogryposis wraparound astragal Wraparound Counter Wraparound Evaluation and Research Team Wraparound Fidelity Assessment System Wraparound Fidelity Index wraparound frame Wraparound Loan Wraparound Loan Wraparound Loans Wraparound Loans Wraparound mortgage Wraparound Mortgages wraparound policy wraparound porch wraparound procedure Wraparounds WRAPD wrapover WRAPP WRAPP-C Wrappage wrapped wrapped wrapped wrapped wrapped wrapped around wrapped around wrapped around wrapped around wrapped around little finger wrapped connection wrapped in cotton wool wrapped in cotton wool wrapped in the flag wrapped in the flag wrapped in the flag wrapped in the flag wrapped in the flag wrapped round wrapped round wrapped round wrapped round Wrapped Space-Time Coding wrapped up wrapped up

Financial Dictionary

Free Tools:	For surfers: Free toolbar & extensions \| Word of the Day \| Help For webmasters: Free content \| Linking \| Lookup box \| Double-click lookup

Disclaimer
All content on this website, including dictionary, thesaurus, literature, geography, and other reference data is for informational purposes only. This information should not be considered complete, up to date, and is not intended to be used in place of a visit, consultation, or advice of a legal, medical, or any other professional.

Wraparound (redirected from Wraparounds)

Wraparound
(redirected from Wraparounds)