Debt covenants, also known as financial covenants or banking covenants, are conditions written into commercial loan agreements that bind both the bank and borrower to the terms.
A deed of trust is an agreement between a residential or commercial borrower and a lender in which a neutral third party serves as a real estate property trustee.
Deposit documents are those documents that are necessary for establishing, maintaining, and supporting a deposit account at a financial institution.
Deposit imaging is the process of digitizing paper documents that are associated with deposit accounts.
A disclosure is a document that makes information known. In the banking industry, it’s a statement provided by a financial institution—to either a consumer or commercial customer—that outlines all pertinent information.
Document collection software is used by financial institutions to electronically collect documents from customers.