Sale proceeds

Sale proceeds

With a Finance Lease agreement, at the end of an agreement the vehicle may be collected and sold on a customer's behalf with the amount returned to the customer, minus fees.

This is auto-generated content. You can help to improve it.

0 0

Improve it

Add an image

Part of Speech: noun
Synonym(s):
Blossary:
Industry/Domain: Financial services
Category: Auto loans
Company: Mercedes-Benz
Product:
Acronym-Abbreviation:

Collect to Blossary

Other Languages:

Related terms

stock sale proceeds

Financial services; Funds

The total amount of cash generated through the sale of shares or the exercise of employee stock options.

trustee's sale proceeding (foreclosure)

Real estate; General

the term used to describe the non-judicial procedure followed by the trustee in enforcing a creditor's rights when a debt secured on real property is in default.

proceeds

Language; Dictionaries

That which comes forth or results; effect; yield; issue; product; sum accruing from a sale, etc.

proceeds

Law; General law

Money or property gained from a sale or other transaction.

proceeds

Banking; Personal banking

Money or property received when collateral is sold, exchanged, or collected.

Acceptance Fee

Financial services; Auto loans

A one-off payment to cover the administration of setting up the finance agreement & credit searches. Paid at the commencement of the finance agreement with the first payment or ...

Accessories

Financial services; Auto loans

An extra which can be added to the vehicle, which is not part of the manufacturer's specification.

Administration fee

Financial services; Auto loans

A fee charged to cover the cost of amending an agreement.

Mercedes Advance .Agreement / document

Financial services; Auto loans

A legally binding contract made between a customer and a financial company for the purchase or use of a vehicle. The agreement is binding once it is signed on behalf of the ...

APR

Financial services; Auto loans

Also known as Annual Percentage Rate, it is the interest rate which a customer will pay on a finance agreement, including all fees.

Annual Statement of Accounts

Financial services; Auto loans

A statement outlining the payments made to date including any paid late etc.

Terms in the News

Featured Terms

Harry8L

0
Terms
0
Blossaries
1
Followers

Industry/Domain: Entertainment Category: Music

psychoacoustics

The study of sound perception. It acknowledges that the mechanics of sound waves and acoustics is only one part of the puzzle in human listening, and ...