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A-Z Loan Glossary

A4 Amount
B4 Bank
C4 Cost
D4 Debt
E4 Equity
F4 Finance
G4 Grant
H4 Home
I4 Insurance
J4 Joint
K4 Key
L4 Loan
M4 Mortgage
N4 Net
O4 Overdraft
P4 Premium
Q4 Quote
R4 Rate
S4 Secured
T4 Tenant
U4 Unsecured
V4 Variable
W4 Waiver
X4 XD
Y4 Yield
Z4 Zero

A-Z of the Loan Industry's Jargon when Targeting Consumers for Loans
Consumer Loan Packages

Bankers' Draft

Bankers' Draft: A guaranteed payment issued by a bank, a cheque drawn on the bank (or building society) itself against a cash deposit. A 'bankers draft' is thought of as being a secure way of receiving money from someone.A method of payment of funds which has all the appearances of a cheque, but in effect is a cash payment.

Expanded List of Definitions "B"

· Balloon Mortgage · Bancassurer · Bank · Bank Giro Credit (BGC) · Bankers' Draft · Base Rate · Basic State Pension · Bed Breakfasting · Beneficiary · Benefit Basis · Benefits · Benefits In Kind · Bequest · Bid Offer · Bid Price · Bid-Offer Spread · Bi-Weekly Payments · Bonds · Bonus · Bridging Loan · Building Campaign · Building Society · Bulk Transfer · Buy Back · Buy Out · Buy-to-Let ·