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#1
06-21-2005, 03:55 AM
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Senior Member
Join Date: Mar 2005
Posts: 4,126
Credits: 51,672
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Sub:
Debt Glossary for alphabet "V"
Hi,
I have enlisted all the major terminologies related to debt under alphabet V below - Verification of Deposit (VOD): A written document signed and approved by the original creditor or the financial institution from where the borrower had taken the loan. This document verifies and authenticates the status of a borrower's financial records and transactions. Voluntary Lien: A lender's legal claim for a property with the approval of the owner which includes payments for a pending debt amount and the services used. Regards Roxette |
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