Definitions for "Seasoning"
Keywords:  kiln, moisture, timber, dries, dry
Reducing the moisture content of wood.
The process of removing moisture from wood through air or kiln drying.
seasoning is the process of drying timber which contains a great deal of water when growing. It is dried mainly, to minimise shrinkage and to make it more resistant to fungal attack, but it also makes it lighter and easier to handle, better for painting etc. Seasoning is quite an exact science undertaken in two basic ways, "air seasoning" in which the timber is referred to as being "in stick" and, "kiln drying." While most conservationists prefer timber to be seasoned naturally, one advantage of kiln drying is that it does kill off any boring insects that may be lurking within the material. (Rather confusingly, sticking is nothing to do with seasoning, it is a joinery term for cutting a moulding)
Keywords:  spices, flavour, pepper, salt, savor
That which is added to any species of food, to give it a higher relish, as salt, spices, etc.; a condiment.
Hence, something added to enhance enjoyment or relieve dullness; as, wit is the seasoning of conversation.
To ad flavor with spices or salt to any food or recipe.
Part of the Quaker Process which describes the consideration of business items. It implies that this item will be considered month after month. It also implies that this item will be considered by one or more committees as well as by the meeting as a whole. Sometimes seasoning seems very tedious.
The aging process of a mortgage pass-through security. The implication of a seasoned security is that as the underlying mortgage loans age, it is likely to experience increasing prepayments up to a point and then prepayments are expected to level off.
Keywords:  gums, hardening, volatile, resins, fats
the removal of water and the removal and/or hardening of less volatile materials such as oils, fats, resins, and gums, as well as the structural changes that take place over time.
Keywords:  length, poor, say, beyond, outstanding
The length of time payments have been made on a note or other debt instrument.
The length of time since origination of a mortgage loan. The longer a loan has been outstanding and performing to its terms, the better "seasoned" it is. A loan that has been outstanding, for say three years, but shows a poor pay history, i.e., several late pays, particularly beyond 30 days, is not considered seasoned because of its performance.
The act or process by which anything is seasoned.
Process of allowing paper to adjust to atmospheric conditions of the plant in which it will be used.
Treatment of leather with preparations to give new wear-resistance to surface and improve appearance.
A specified time period you must have a second mortgage before you can refinance.
The maturing of a mortgage; the period of time that has passed since origination.