Fiscal season: A bookkeeping several months level several consecutive days. A good company’s financial year isn’t necessarily exactly like this new calendar year.

Government-paid enterprise (GSE): A firm developed by Congress-but not belonging to government entities, such as the Federal Financial Bank-to add services on behalf of the us government

Foreclosure: The process of bringing arms regarding a great mortgaged possessions because a beneficial outcome of someone’s incapacity to keep up mortgage payments. Read more