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1492 terms

Glossary

Every term is defined twice: once the way a filing would put it, and once the way somebody would explain it to you across a table. The second one is usually the one that sticks.

Showing 1 term

Co-applicant

Market basics
Also called: Co-borrower

A person who signs a loan as a joint borrower, jointly and severally liable for the whole amount.

In plain terms

Not a backstop but a borrower. The full EMI counts against your income the next time you apply for anything, whoever is actually paying it each month.

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Indian stock market glossary · Market Vidyalaya