EXCESS LOAN SERVICING

Domain	Definition
Finance	An asset established when loans are sold to yield a rate to the buyer that is higher or lower than the original contractual rate and the loan seller retains the servicing of the loans. The present value of the difference between the amount to be collected from the borrower and the amount to be paid to the purchaser of the loans (the point spread differential), less normal servicing costs, is the excess servicing amount recorded as the seller's asset at the time of sale. The excess servicing amount increases the gain or decreases the loss on the sale of the loan. (references)
Source: compiled by the editor from various references; see credits.

Anagrams: EXCESS LOAN SERVICING

Scrabble® Enable2K-Verified Anagrams
	Words within the letters "a-c-c-e-e-e-g-i-i-l-n-n-o-r-s-s-s-v-x"
	-5 letters: carcinogeneses, carcinogenesis, ironicalnesses.
Source: compiled by the editor from various references; see credits. SCRABBLE® is a registered trademark. All intellectual property rights in and to the game are owned in the U.S.A and Canada by Hasbro Inc., and throughout the rest of the world by J.W. Spear & Sons Limited of Maidenhead, Berkshire, England, a subsidiary of Mattel Inc. Mattel and Spear are not affiliated with Hasbro.

Alternative Orthography: EXCESS LOAN SERVICING

Hexadecimal (or equivalents, 770AD-1900s) (references)

Leonardo da Vinci (1452-1519; backwards) (references)

Binary Code (1918-1938, probably earlier) (references)

HTML Code (1990) (references)

ISO 10646 (1991-1993) (references)

Encryption (beginner's substitution cypher): (references)

Specialty Definition: EXCESS LOAN SERVICING