See Also: Seller's points(finance)
Put to seller(finance)
seller(dictionary)
best-seller(dictionary)
seller(dictionary)
Put to seller(money)
Seller Liability(money)
Seller financing(money)
Option seller(finance)
Plus tick seller(money)

felicitate (iou) and Seller's points (finance)


felicitate (iou)



felicitate verb. E17.
[Late Latin felicitat- pa. ppl stem of felicitare make happy, from felix happy: see -ATE3.]
a. verb intrans. Cause happiness. rare. E17.
b. verb trans. Make happy. Now rare. M17.
verb trans. Regard as or pronounce to be happy or fortunate. Now spec. congratulate (a person, on). M17.

Seller's points (finance)


In Reference to a loan, seller's points consist of a lump sum paid by the seller to the buyer's creditor to reduce the cost of the loan to the buyer. This payment is either required by the creditor or volunteered by the seller, usually in a loan to buy Real Estate.