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Real_bills_doctrine
Real bills doctrine
From Sterwiki
Real Bills Doctrine is a guiding principle (now discredited) for the conduct of monetary policy that states that as long as loans are made to support the production of goods and services, providing reserves to the banking system to make these loans will not be inflationary.
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Marcelo_Saragosa
Marcelo Saragosa
From Sterwiki
Marcelo Saragosa (born January 22, 1982 in São Paulo, Brazil) is a Brazilian soccer player, who currently plays defensive midfielder for São Paulo Futebol Clube.
Saragossa spent 2004 on loan with the Los Angeles Galaxy of Major League Soccer. In his only season with the club, Saragosa impressed significantly, earning a starting role early in the season, and finishing the year with 24 starts and 2123 minutes.
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reverse annuity mortgage (RAM)
an alternative mortgage loan program in which the lender makes periodic payments to the borrower. The loan is secured by the borrower's accumulated equity in the home. This type of loan is usually taken out by an older, retired person who has substantially paid for a home, and now needs additional income to live on. The borrower receives periodic payments from the lender, or from an annuity set up with the proceeds from the loan. The owner continues to live in the house until death, with the sale of the home at that time used to pay off the loan. This is a plan for taking money out of a home; for converting an existing frozen asset into current income. Hypotheek BKR Blog
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