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Full list of words from this list:

words only definitions & notes
  1. mortgage loan
    a loan on real estate that is usually secured by a mortgage
    Future Capital, which has a market value of $214 million, is a non-bank finance company that makes consumer and mortgage loans.
  2. formulation
    the act of inventing or contriving an idea or explanation
    Piramal Healthcare is armed with a war chest after selling its domestic formulations business for $3.7 bn.
  3. conglomerate
    collect or gather
    The group, which has hired Morgan Stanley to run the sale process, is also in talks with Indian business conglomerate Piramal group, said the sources, who declined to be named as they were not authorised to speak to the media.
  4. asset
    a useful or valuable quality
    The Mumbai-based Future Group owns 54 percent of Future Capital, which has more than 30 bn rupees ($653 million) of assets.
  5. mortgage
    a conveyance of property as security for repaying a loan
    Future Capital, which has a market value of $214 million, is a non-bank finance company that makes consumer and mortgage loans.
  6. accord
    concurrence of opinion
    The controlling shareholders of Future Capital run India's largest retail chain by market value, Pantaloon Retail and consider the finance unit a non-core business, according to a source.
Created on 八月 30, 2011

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