takeout definition
takeout. ’ means that portion of a wager which is deducted from or not included in the parimutuel pool, and which is distrib- uted to persons other than those placing wa- gers;
takeout means the purchase or retirement of the construction loan, in exchange for a home loan, by the lender.
takeout means a commitment by a responsible lender to provide a loan no later than the expiration of the term of the Trust's Mortgage Loan, the proceeds of which loan shall be sufficient to reimburse the Trust for its Mortgage Loan.
More Definitions of takeout
takeout or any other means or vehicle.