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payment of principal and interest

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См. также в других словарях:

  • capital and interest — ▪ economics Introduction       in economics, a stock of resources that may be employed in the production of goods and services and the price paid for the use of credit or money, respectively.       Capital in economics is a word of many meanings …   Universalium

  • interest rate swap — An agreement under which two parties agree to exchange or swap a series of payments corresponding to each other s interest payment obligations. See also swap. + interest rate swap USA A type of over the counter derivative (OTC derivative) under… …   Law dictionary

  • Interest-only loan — An interest only loan is a loan in which for a set term the borrower pays only the interest on the principal balance, with the principal balance unchanged. At the end of the interest only term the borrower may enter an interest only mortgage, pay …   Wikipedia

  • payment date — The date that dividends, interest, or principal and interest payments are due to be paid to the owner of record of a security. American Banker Glossary The date on which shareholders of record will be sent a check for the declared dividend.… …   Financial and business terms

  • interest — in·ter·est / in trəst; in tə rəst, ˌrest/ n [probably alteration of earlier interesse, from Anglo French, from Medieval Latin, from Latin, to be between, make a difference, concern, from inter between, among + esse to be] 1: a right, title, claim …   Law dictionary

  • graduated payment mortgage — ( GPM) A mortgage in which the monthly payment of principal and interest begins at a low amount and progressively increases to a predetermined higher amount. Thereafter, the amount of the monthly payment remains constant for the remaining life of …   Financial and business terms

  • Single-payment bond — A bond that will make only one payment of principal and interest. The New York Times Financial Glossary …   Financial and business terms

  • single-payment bond — A bond that makes only one payment of principal and interest. Bloomberg Financial Dictionary …   Financial and business terms

  • 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

  • payment — The fulfilment of a promise, or the performance of an agreement. A discharge of an obligation or debt, and part payment, if accepted, is a discharge pro tanto. In a more restricted legal sense payment is the performance of a duty, promise, or… …   Black's law dictionary

  • Interest rate swap — An interest rate swap is a derivative in which one party exchanges a stream of interest payments for another party s stream of cash flows. Interest rate swaps can be used by hedgers to manage their fixed or floating assets and liabilities. They… …   Wikipedia

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