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interest on unpaid balance

См. также в других словарях:

  • Interest — For other uses, see Interest (disambiguation). Interest is a fee paid by a borrower of assets to the owner as a form of compensation for the use of the assets. It is most commonly the price paid for the use of borrowed money,[1] or money earned… …   Wikipedia

  • capitalized interest — Interest that a lender receives by adding the unpaid interest to the amount of the loan balance to be paid by the borrower. American Banker Glossary interest that is not immediately expensed, but rather is considered as an asset and is then… …   Financial and business terms

  • Work-life balance — The expression work life balance was first used in the late 1970s to describe the balance between an individual s work and personal life. (New Ways to Work and the Working Mother s Association in the United Kingdom). In the United States, this… …   Wikipedia

  • Past Due Balance Method — A system for calculating interest charges based on any outstanding loan or credit charges that remain unpaid after a certain date. The past due balance method is used by credit companies whereby credit card holders have until a specified date to… …   Investment dictionary

  • Average Outstanding Balance — The unpaid, interest bearing balance of a loan or loan portfolio averaged over a period of time, usually one month. The average outstanding balance refers to any term, instalment, revolving or credit card debt on which interest is… …   Investment dictionary

  • carrying charge — n. cost to a business for owning property or holding or storing assets from which it presently earns no income; service charge and interest on unpaid balance …   English contemporary dictionary

  • deficiency judgment — The imposition of personal liability on a debtor for the unpaid balance of a mortgage debt after foreclosure has failed to result in full payment of the debt amount due, or for the unpaid balance due after the repossession and resale of personal… …   Glossary of Bankruptcy

  • Annual percentage rate — Parts of total cost and effective APR for a 12 month, 5% monthly interest, $100 loan paid off in equally sized monthly payments. The term annual percentage rate (APR), also called nominal APR, and the term effective APR, also called EAR,[1]… …   Wikipedia

  • Mutual Ownership Defense Housing Division — The Mutual Ownership Defense Housing Division of the Federal Works Agency part of the United States government, operating from about 1940 to 1942 under the leadership of Colonel Lawrence Westbrook, was an attempt by the United States Government,… …   Wikipedia

  • Revolving Account — A type of credit account in which the customer may defer payment on part of the balance. Interest is charged on the unpaid balance and added to the total owed. A credit card is one type of revolving account. A revolving account may also be called …   Investment dictionary

  • Mortgage modification — is a process where the terms of a mortgage are modified outside the original terms of the contract agreed to by the lender and borrower (i.e mortgagor and mortgagee). In general, any loan can be modified. Contents 1 Background 2 Types of… …   Wikipedia

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