Securities fraud

Securities fraud includes theft from manipulation of the market, theft from securities accounts, and wire fraud.

See White-collar crime, Securities Law

subprime loan

A loan made to a borrower who is ineligable for the best market rates (prime rates), but rather at a higher rate of interest because of increased risk factors (the bank fears they are less likely to repay the loan due to lack of collateral or low...

subprime mortgage

A sub-prime loan used as a mortgage (to buy property such as a house)

wildcard exemption

Definition from Nolo’s Plain-English Law DictionaryAn exemption that allows a debtor to apply a certain dollar amount to any type of property to make it -- or more of it -- exempt.

Definition provided by Nolo’s Plain-English Law Dictionary.