Consumer Protection Law Glossary
Glossary
- Acquisition Fee
- Actuarial Method
- Ad Valorem Tax
- Additional Insured
- Adjusted Capitalized Cost (Adjusted Cap Cost)
- Amortized Amounts
- Amount Due At Lease Signing or Delivery
- APR (Annual Percentage Rate)
- Arranger
- Assignee
- Assignment
- Assignor
- Base Monthly Payment
- Broker (Or Arranger)
- Business Lease
- Capitalized Cost
- Capitalized Cost Reduction (Cap Cost Reduction)
- Captive Finance Company
- Caveat Emptor
- Closed-End Lease (Or Walk-Away Lease)
- Constant Yield Method (Or Actuarial Method)
- Consumer Lease
- Consumer Leasing Act
- Consummation
- Dealer Documentation Fee
- Dealer Preparation Fee
- Default
- Depreciation and Any Amortized Amounts
- Disclosures
- Disposition Fee (Disposal Fee)
- Documentation Fee
- Down Payment
- Early Termination
- Early Termination Charge
- Early Termination Payoff (Early Termination Balance or Gross Payoff)
- Equal Credit Opportunity Act
- Equity
- Excess Mileage Charge
- Excessive Wear-And-Tear Charge
- Excessive Wear-And-Tear Coverage
- Excessive Wear-And-Use Charge
- Extended Warranty
- Fair Market Value
- Fair-Market-Value Purchase Option
- Federal Reserve Board
- Federal Trade Commission
- Fees and Taxes (Or Official Fees and Taxes)
- Fixed-Price Purchase Option
- Full-Maintenance Lease
- Gap Amount
- Gap Coverage (Guaranteed Auto Protection, or Gap)
- Gross Capitalized Cost (Gross Cap Cost)
- Incentives
- Independent Leasing Company
- Insurance
- Insurance Verification
- Late Charge
- Late Payment
- Lease
- Lease Balance (Adjusted Lease Balance)
- Lease Charge
- Lease Extension
- Lease Factor
- Lease Payments
- Lease Rate
- Lease Term
- Lemon Laws
- Lessee
- Lessor
- Maintenance
- Maintenance Contract
- Maintenance Lease
- Mechanical Breakdown Coverage
- Mileage Allowance (Or Mileage Limitation)
- Model Lease Forms
- Money Factor (Or Lease Factor)
- Monthly Payment
- Monthly Sales/Use Taxes
- Msrp
- Net Capitalized Cost
- Nonsegregated Disclosures
- Open-End Lease
- Option to Purchase
- Payoff
- Personal Property Tax (Or Ad Valorem Tax)
- Prior Credit Balance (Negative Equity or Negative Trade-In Balance)
- Prior Lease Balance
- Purchase Option
- Purchase-Option Fee
- Realized Value
- Reasonableness Standard
- Rebate
- Reconditioning
- Reconditioning Reserve
- Registration Fee
- Regulation M
- Rent or Rent Charge
- Residual Value
- Residual Value Guidebooks
- Sales/Use Taxes
- Security Deposit
- Security Interest
- Segregated Disclosures
- Service Contract (Or Mechanical Breakdown Coverage or Extended Warranty)
- Single-Payment Lease
- Standards for Wear and Use
- Sublease
- Subvention
- Termination Fee
- Three-Payment Rule
- Time Value of Money
- Title
- Total Contractual Obligation
- Total Monthly Payment
- Total of Payments
- Trade-In
- Use Tax
- Used-Car Guidebooks
- Used-Vehicle Leasing
- Walk-Away Lease
- Warranty
