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Cns

• Is the Continuous Net Settlement system. It is operated by the National Securities Clearing Corporation (NSCC) and is the largest primary clearance operation.

 
 Embedded terms in definition
 Clearing
Corporation
Net
Securities
Settlement

<< Cmo Coattail provision >>

Tips for Trying to Fix a Clogged or "Frozen" Home Equity Line: For years, homeowners have turned to home equity lines of credit (HELOCs) as a way to borrow against their home's value to pay for college tuition, home improvements, medical bills and other major expenses. (A home's equity is the market value minus what is owed on the mortgage. If you owe $100,000 on your mortgage but your home is worth $250,000, your equity is $150,000.) More...

Hell, there are no rules here--we're trying to accomplish something. Thomas Alva Edison

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