Outrageously Funny Word Dictionary :: Headright

👉 The term "headright" is a term used in the context of finance, particularly in investment banking. It refers to a type of loan that allows an investor to borrow money without having to make a down payment or collateral. The borrower typically pays back the lender over time through interest payments and principal repayments. Headright loans are often offered by banks, credit unions, and other financial institutions.

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