Locking-in” a rate is a process in which a lender guarantees a borrower a specific rate for a certain period of time, even if rates fluctuate during that period. At Gershman Mortgage, you can “lock-in” a rate for up to 270 days. When “floating” a rate, the borrower chooses to allow their rate to fluctuate with the market from the time of the application until the closing.

Synchronous communication refers to interaction happening in real-time – a meeting or phone conference, for example.  Asynchronous communication happens anytime and doesn’t rely on being together at the same time – in person or electronically.  E-mail is a good example of asynchronous communication.  Unlike e-mail, asynchronous message boards allow an online discussion to be well-organized into threads.  It is a common technique used in online learning. See similar questions...

All of the specific course grading percentages include a line for course investment. Course investment is the only component of the grade where I can reward you for effort and the time you put into the course. The largest components of course investment are attendance and speaking up in class, since coming to class prepared to discuss the readings every time requires quite a lot of time and effort. Minor or ungraded assignments may also be incorporated into the course investment grade. See similar questions...

Hepatitis means “inflammation of the liver.” Many viruses, alcohol, drugs, and various chemicals can cause hepatitis. See similar questions...

Autism is a spectrum disorder, which means it manifests itself in many different forms. A diagnosis can range from mild to severe, and though children who have it (i.e. are on the spectrum) are likely to exhibit similar traits, they're also as individual as the colors of a rainbow, each one managing a grab bag of symptoms. While one child may rarely speak and have difficulty learning how to read and write, another can be so high-functioning he's able to attend classes in a mainstream school. See similar questions...

If AccuStandard has a product with known or suspected solubility problems that can be corrected by sonication, “sonicate” is written on the label. An example of when this could happen is with products that may precipitate out of solution when they get cold. During shipment we cannot control the temperature of the products, and some of the less soluble analytes may start to precipitate out. See similar questions...

Rate locks are a way of protecting from a possible rise in interest rates during the processing of your loan. You can lock your rate up to any period needed to complete your transaction. Generally speaking, if you choose to lock for an extended period of time, the cost of the loan increases. See similar questions...

When a rate is "locked", the lender is being asked to guarantee the interest rate. A longer lock period means more risk to the lender and so the borrower is charged a higher loan price in the form of points. See similar questions...

You can lock a rate anytime after we receive and review your signed loan application, you pay your application fee and you have identified a property. The typical lock-in period is 45 days. This means that once you lock in the rate, you must close your loan within 45 days. Once you lock, you cannot unlock. If you think rates may fall, don't lock and instead float your rate. If you are unsure or adverse to risk, it might be better to lock your rate. See similar questions...

Examples from the past: breaking an arm in week 9, resulting in difficulty typing and a lot of time under pain medication. Anything that has produced University or medical paperwork and results in 3 or more absences probably qualifies as an extreme condition. See similar questions...

NO! It’s an expression in Hebrew that means ruckus, hullabaloo. The literal meaning is volcanic noise. See similar questions...

Anonymous genetic research may use your health information or biological samples, such as blood or urine, but does not identify you as the source of them. In coded genetic research, your identity is kept separate from your health information and samples. This makes it very difficult for anyone to link them. See similar questions...

To have your web site available to your potential customers that are surfing the web you need to have it on a computer that is connected to the World Wide Web or Web. This computer needs to have a software program or programs known as a web server that can allow access to the files that make up your web site when ever a user requests access. See similar questions...

Because our program requires you to be out of the office two Fridays a month for 20 months and for two week-long residencies per year, students are required to have their employers sponsor them for the time away. Sponsorship can also refer to financial support that an organization may offer to its employees for the program; however financial sponsorship is not required for our Executive MBA program. See similar questions...

ATM is the English abbreviation for “Automated Teller Machine,” also known as a cash dispenser. See similar questions...

The word yoga comes from the Sanskrit word “yug” or yoke. It means “union”. Through yoga, union is first created between body and breath, then breath and mind, and finally between mind and spirit. The yoga masters say, “Begin with the body”. Practicing asanas brings union between the body and breath and lays the foundation necessary to develop the deeper levels of union. See similar questions...

assignment takes place when a holder exercises an option. Option writers each receive an exercise notice that obliges them to sell (in the case of a call option) or buy (in the case of a put option) the shares at the stipulated strike price. See similar questions...

A horse is said to be “lapped on” another at the wire when its nose is opposite of at least the hind quarter of the horses ahead. See similar questions...