Dry Loan

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Definition: Dry Loan

Dry Loan
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Full Definition of Dry Loan

A mortgage in which the settlement of funds occurs only after final documentation has been signed and recorded which ensures that the execution of the loan complies with all state regulations and that all parties are protected in the transaction.

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To help you cite our definitions in your bibliography, here is the proper citation layout for the three major formatting styles, with all of the relevant information filled in.

Page URL
https://payrollheaven.com/define/dry-loan/
Modern Language Association (MLA):
Dry Loan. PayrollHeaven.com. Payroll & Accounting Heaven Ltd.
April 24, 2024 https://payrollheaven.com/define/dry-loan/.
Chicago Manual of Style (CMS):
Dry Loan. PayrollHeaven.com. Payroll & Accounting Heaven Ltd.
https://payrollheaven.com/define/dry-loan/ (accessed: April 24, 2024).
American Psychological Association (APA):
Dry Loan. PayrollHeaven.com. Retrieved April 24, 2024
, from PayrollHeaven.com website: https://payrollheaven.com/define/dry-loan/

Definition Sources

Definitions for Dry Loan are sourced/syndicated and enhanced from:

  • A Dictionary of Economics (Oxford Quick Reference)
  • Oxford Dictionary Of Accounting
  • Oxford Dictionary Of Business & Management

This glossary post was last updated: 20th November, 2021 | 0 Views.