Glossary

Our Glossary provides definitions for several common terms you will likely encounter throughout the application and underwriting process.

Dexter Financial Glossary of Terms

Choose your glossary terms by clicking on the alphabetical index.

  • Real Property

    Land and/or other property that can't be moved.

  • Refinancing

    The process of obtaining financing to pay off an existing debt.

  • Rent

    Compensation for the possession and use of real or personal property.

  • Repayment

    The process of returning money that was borrowed.

  • Residual Value

    The anticipated value of property at the end of a specified lease term.

  • Revenue

    Money generated from business operations.