Liar Loan is a kind of mortgages known as low-documentation or no-documentation mortgages that have been abused to the point where the loans are occasionally referred to as liar loans. On definite low-documentation loan programs, such as stated income/stated asset (SISA) loans, income with assets are simply stated on the loan application. On other loan programs, such as no income/no asset (NINA) loans, no income with assets are given on the loan application form. These loan programs open the door for disreputable behavior by unscrupulous borrowers and lenders.
Spread
Spread is The difference among the bid and the ask price of a security or asset and an options spot established by purchasing one option by selling another option of the same class but of a dissimilar series.
The spread for an asset is influenced by a some of points:
a) Supply or “float” (the total quantity of shares outstanding that are available to trade)
b) Demand on a stock
c) Total trading action of the stock
For a stock option market, the spread would be the difference among the strike price and the market value.
Gingerbread Codename
Gingerbread is the dessert-themed Android codename in support of the version 2.3 update of the open source Android mobile operating system. Gingerbread create its debut in December 2010 for a variety of smartphones, beginning Google Voice over Wi-Fi, enhanced gaming functionality and improved Google Apps.
Gingerbread followed some earlier updates for Android – Cupcake (v1.5), Donut (v1.6), Eclair (v2.0) plus FroYo (v2.2) – and has since been out of date by a more recent Android update, Honeycomb (v3.0), by an upcoming Ice Cream Sandwich (v4.0) update currently in improvement.