Rate

Rate may refer to:

Science and finance

Human growth

Other uses

Ratež

Ratež (pronounced [ˈɾaːtɛʃ]) is a settlement in the hills east of Novo Mesto in southeastern Slovenia. The area is part of the traditional region of Lower Carniola and is now included in the Southeast Slovenia Statistical Region.

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Rate (mathematics)

In mathematics, a rate is the ratio between two related quantities Often it is a rate of change. If the unit or quantity in respect of which something is changing is not specified, usually the rate is per unit of time. However, a rate of change can be specified per unit of time, or per unit of length or mass or another quantity. The most common type of rate is "per unit of time", such as speed, heart rate and flux. Ratios that have a non-time denominator include exchange rates, literacy rates and electric field (in volts/meter).

In describing the units of a rate, the word "per" is used to separate the units of the two measurements used to calculate the rate (for example a heart rate is expressed "beats per minute"). A rate defined using two numbers of the same units (such as tax rates) or counts (such as literacy rate) will result in a dimensionless quantity, which can be expressed as a percentage (for example, the global literacy rate in 1998 was 80%) or fraction or as a multiple.

Mortgage loan

A mortgage loan, also referred to as a mortgage, is used by purchasers of real property to raise funds to buy real estate; or by existing property owners to raise funds for any purpose while putting a lien on the property being mortgaged. The loan is "secured" on the borrower's property. This means that a legal mechanism is put in place which allows the lender to take possession and sell the secured property ("foreclosure" or "repossession") to pay off the loan in the event that the borrower defaults on the loan or otherwise fails to abide by its terms. The word mortgage is derived from a "Law French" term used by English lawyers in the Middle Ages meaning "death pledge", and refers to the pledge ending (dying) when either the obligation is fulfilled or the property is taken through foreclosure. Mortgage can also be described as "a borrower giving consideration in the form of a collateral for a benefit (loan).

Mortgage borrowers can be individuals mortgaging their home or they can be businesses mortgaging commercial property (for example, their own business premises, residential property let to tenants or an investment portfolio). The lender will typically be a financial institution, such as a bank, credit union or building society, depending on the country concerned, and the loan arrangements can be made either directly or indirectly through intermediaries. Features of mortgage loans such as the size of the loan, maturity of the loan, interest rate, method of paying off the loan, and other characteristics can vary considerably. The lender's rights over the secured property take priority over the borrower's other creditors which means that if the borrower becomes bankrupt or insolvent, the other creditors will only be repaid the debts owed to them from a sale of the secured property if the mortgage lender is repaid in full first.

Mortgage (disambiguation)

Mortgage may refer to:

See also

Mortgage (film)

Mortgage is a 1990 Australian drama film directed by Bill Bennett.

Plot

Dave and Tina Dodd want to buy a house. They make a contract with shifty John Napper who suggests builder George Shooks.

Production

The film was one of a series of drama documentaries produced at Film Australia for the Nine Network dealing with social issues. It was made using improvisation. Others in the series included Prejudice.

Bill Bennett described it as one of his favourite films.

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