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As a Teaching Method in a Sales Training Program,on-The-Job Training

question 39

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As a teaching method in a sales training program,on-the-job training:


Definitions:

Recording

The act of capturing data, events or performances in a permanent form for later playback or analysis.

Mortgage

A legal agreement by which a bank, credit union, or other lender lends money at interest in exchange for taking title of the debtor's property, with the condition that the conveyance of title becomes void upon the payment of the debt.

Mortgage Loans

A loan secured by the collateral of some specified real estate property which the borrower is obliged to pay back with a predetermined set of payments.

Mortgage Insurance

An insurance policy designed to protect the lender from the risk of default and foreclosure on a mortgage.

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