Credit Evaluation School eBook

Line Sheet Abbreviations

AL AR

LS

FmHA

Acres of Land

Livestock

Farmers Home Administration

M&E Machinery & Equipment

FS

Accounts Receivable

Financial Statement

ARM Adjustable Rate Mortgage

M/M Mr. and Mrs.

GTY

Guaranty

Assign Assignment

MI

Int

Monthly Interest

Interest

AV

Mo. Mtg

INS

Appraised Value

Monthly

Insurance

Brand Brand Filing

Inv JM

Mortgage

Inventory

CD

P

Certificate of Deposit

Prime Rate

Joint Maker

CFD Contract for Deed

P&L

LC

Profit & Loss Statement

Letter of Credit Line of Credit Title Certificate

CRP Crop Reduction Program

LOC

Pledged against total liability (collateral listed is pledged against all debt)

PATL

D/T Deed of Trust

T/C

(similar to Security Deed)

End Endorser

RE

TI

Real Estate

Title Insurance

Uniform Commercial Code

F&F Furniture & Fixtures

Rec.

UCC

Recorded date

F&G Feed & Grain

S/S

W/C

Shares of Stock

Working Capital