Glossary

A glossary is a dictionary of terms specific to a certain subject. A biology textbook might have a glossary in the back, so you can quickly look up all those technical words.

Waiver of Exemption

Updated on 2023-08-29T11:55:46.360569Z

This is a provision/ clause in a contract. Under it, a creditor can seize (or jeopardize) property that state laws may have excused from seizure. It exposes borrowers to substantial risk.