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  2. Good faith estimate - Wikipedia

    en.wikipedia.org/wiki/Good_faith_estimate

    Lenders are required to issue Loan Estimates within three days of receiving a complete loan application, per the TILA-RESPA Integrated Disclosure Rule (TRID). A complete loan application include at least the following: Name, Income, Social Security Number, Property Address, Estimated Value of Property, Mortgage Loan Amount Sought.

  3. Lead time - Wikipedia

    en.wikipedia.org/wiki/Lead_time

    Company A needs a part that can be manufactured in two days once Company B has received an order. It takes three days for company A to receive the part once shipped, and one additional day before the part is ready to go into manufacturing. If Company A's Supply Chain calls Company B they will be quoted a lead time of 2 days for the part.

  4. Right of rescission: Canceling a HELOC, home equity loan or ...

    www.aol.com/finance/rescission-canceling-heloc...

    In either case, you must deliver or mail it by midnight on the third business day after the transaction. Once received, the lender must comply with a full refund within 20 days from the date of ...

  5. List of business terms - Wikipedia

    en.wikipedia.org/wiki/List_of_business_terms

    Processes within processes Off the shelf Buying in a product or service that is already completed One button to push/Push of a button Reduced number of suppliers Operational excellence: Sustainable improvement of key performance metrics Python Challenging problem [1] Raft of measures A collection of proposals or schemes Rattler Obvious problem [1]

  6. Best mortgage lenders of November 2024 - AOL

    www.aol.com/finance/best-mortgage-lenders...

    Right of rescission: The right of rescission allows you to back out of certain types of loans within three days. Title: A house title refers to ownership of the house. Rather than being a legal ...

  7. Tax season 2025: Everything you need to know about ... - AOL

    www.aol.com/finance/tax-season-2025-everything...

    Typically, the processing time for returns that receive refunds in 21 days. The average tax refund in 2024 (for the 2023 tax year) was roughly $3,050—5% higher than the year before, according to ...

  8. List of business and finance abbreviations - Wikipedia

    en.wikipedia.org/wiki/List_of_business_and...

    For example, $225K would be understood to mean $225,000, and $3.6K would be understood to mean $3,600. Multiple K's are not commonly used to represent larger numbers. In other words, it would look odd to use $1.2KK to represent $1,200,000. Ke – Is used as an abbreviation for Cost of Equity (COE).

  9. Net D - Wikipedia

    en.wikipedia.org/wiki/Net_D

    Net 10, net 15, net 30 and net 60 (often hyphenated "net-" and/or followed by "days", e.g., "net 10 days") are payment terms for trade credit, which specify that the net amount (the total outstanding on the invoice) is expected to be paid in full by the buyer within 10, 15, 30 or 60 days of the date when the goods are dispatched or the service is completed.