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Meaning / Definition of
For The Benefit Of
Categories: Estate Planning,
1. FBO. A statement which indicates a beneficiary for a given document. 2. A statement on an electronic funds transfer which indicates a contact person for the transfer.
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Definition / Meaning of
Home Equity
Categories: Credit and Debt, Real Estate, Legal, ,
The current market value of a house minus how much is owed on it. A home equity loan borrows against this amount.
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1. Mortgage (mortgagee) Clause2. Building Ordinance Coverage
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5. Direct Action
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10. Dilution
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