Written Obligation

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August 25, 2024 4 min read Definitions
PAPER Credit: Debt Evidenced by a Written Obligation
Finance Banking Real Estate Investments PAPER Credit Written Obligation Seller Financing Debt Property
PAPER credit refers to debt evidenced by a written obligation that is backed by property, often used in contexts where the seller finances a sale. Commonly referred to in slang simply as 'paper.'
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