entitlement

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entitlement

(1) To be owed something under the law, such as federal entitlement programs.

(2) That portion of a VA-guaranteed loan that protects the lender in case the veteran defaults.

References in periodicals archive ?
In addition to wide adoption by consumers, mortgage and real estate professionals, ENTITLE DIRECT has received considerable nationwide media coverage for the unique savings it delivers and its success within the industry.
Now in its second year of operation, ENTITLE DIRECT has already sold twice as many title insurance policies as it did in its first year.
ENTITLE DIRECT was created for consumers by consumers to address the high cost of title insurance and a real estate closing process that keeps people in the dark.
For example, an eligible first-time homebuyer in San Francisco, California, financing $450,000 on a $500,000 home, would save over $700 in closing costs by taking advantage of ENTITLE DIRECT's low title insurance rates and the extra $100 discount.
Series C Preference Participating Drilling Shares entitle the owner to a mandatory dividend of 33 1/3% on the Net Royalty Income from gas production realized on a total of 10 certain gas leases in Crockett County, Texas.