Terms Used In Nevada Revised Statutes > Chapter 675 > General Provisions

• Amount of cash advance: means the amount of cash or its equivalent actually received by a borrower or paid out at his or her direction or on his or her behalf. See Nevada Revised Statutes 675.020
• Commissioner: means the Commissioner of Financial Institutions. See Nevada Revised Statutes 675.020
• Computerized data system: means a system of software, hardware or firmware, including, without limitation, a system of web-based applications, that:

  (a) Is owned, leased or licensed by a licensee;

  (b) Is located at the place of business of the licensee or hosted remotely; and

  (c) Stores or provides access to personal information, financial information or other data related to borrowers or potential borrowers. See Nevada Revised Statutes 675.020

• Contract: A legal written agreement that becomes binding when signed.
• Corporation: A legal entity owned by the holders of shares of stock that have been issued, and that can own, receive, and transfer property, and carry on business in its own name.
• Discovery: Lawyers' examination, before trial, of facts and documents in possession of the opponents to help the lawyers prepare for trial.
• License: means a license, issued under the authority of this chapter, to make loans in accordance with the provisions of this chapter, at a single place of business. See Nevada Revised Statutes 675.020
• Licensee: means a person to whom one or more licenses have been issued. See Nevada Revised Statutes 675.020
• Lien: A claim against real or personal property in satisfaction of a debt.
• Mortgage: The written agreement pledging property to a creditor as collateral for a loan.
• mortgage: includes a deed of trust. See Nevada Revised Statutes 0.037
• Obligation: An order placed, contract awarded, service received, or similar transaction during a given period that will require payments during the same or a future period.
• person: means a natural person, any form of business or social organization and any other nongovernmental legal entity including, but not limited to, a corporation, partnership, association, trust or unincorporated organization. See Nevada Revised Statutes 0.039
• Personal information: has the meaning ascribed to it in Nevada Revised Statutes 675.020
• Real property: Land, and all immovable fixtures erected on, growing on, or affixed to the land.
• Registry: has the meaning ascribed to it in Nevada Revised Statutes 675.020
• Trustee: A person or institution holding and administering property in trust.