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Our Glossary provides definitions for several common terms you will likely encounter throughout the application and underwriting process.

Dexter Financial Glossary of Terms

Choose your glossary terms by clicking on the alphabetical index.

  • Default

    The act of failing to meet obligations, including paying money owed, when due.

  • Demographic Study

    A study used to evaluate customer trends and characteristics within a given geographic area.

  • Distributor

    An entity that provides equipment for sale to the public.

  • Documentation

    The process of preparing written evidence of a financial contract.

  • Documentation Fee

    A fee charged to prepare loan or lease paperwork.