Purchase-money mortgage

Purchase-money mortgage
A mortgage given by a buyer in lieu of cash when the buyer is unable to borrow commercially for the purchase of property.
Purchasing power of the dollar ...

of the two entities' net assets on the balance sheet. Generally, depreciation/amortization will increase for this method (due to the creation of goodwill) compared to the pooling method resulting in lower net income.
Purchase-money mortgage ...

purchase-money mortgage A home-financing technique in which a buyer borrows from the seller instead...

See also: Banks, Probability distribution, Producer price index, Progressive tax, Perfect competition