Examlex
Which of the following is NOT another term for a prime mortgage loan?
Abrupt Price Drop
A rapid and significant decrease in the market price of a security or commodity.
Blanket Liens
A legal claim allowing a lender to seize nearly all of a borrower's assets if they default on a loan.
Chattel Mortgage
A loan arrangement in which an item of movable personal property acts as security for the loan, often used in the financing of vehicles and equipment.
Speculative Demand
The demand for a good or asset based on expectations of future price changes, rather than its intrinsic value or productive use.
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