Life Style / Painting / Binder: That which holds the paint together, such as linseed oil for oil painting, polymers for acrylics, gum arabic for watercolors and gouache.
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Business / Real Estate / Binder Policy: A type of title insurance policy offered by some title companies which allows for a refund of the basic title insurance rate if the property is sold within a specified period of time. MORE
Business / Construction / Earnest Money: A sum paid to the seller to show that a potential purchaser is serious about buying. MORE
Business / Finance / Good Faith Deposit: Refers to PSA Uniform Practices such as cutoff times on delivery of securities and notification, allocation, and proper endorsement. MORE
Business / Real Estate / Preliminary Report: A title report that is made before a title insurance policy is issued or when escrow is opened. A preliminary report or policy of title insurance reports only on those documents having an affect on th MORE