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purchase interest

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

  • 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

  • purchase-money security interest — (PMSI) USA A special type of security interest provided for under the Uniform Commercial Code to enable purchases of property (UCC § 9 324). A lender that advances money used by a buyer to make a purchase or a seller that e …   Law dictionary

  • purchase money security interest — see interest 1 Merriam Webster’s Dictionary of Law. Merriam Webster. 1996. purchase money security interest …   Law dictionary

  • purchase — pur·chase 1 vb pur·chased, pur·chas·ing vt 1: to acquire (real property) by means other than descent or inheritance 2: to obtain by paying money or giving other valuable consideration; specif: to take (property) by a voluntary transaction (as a… …   Law dictionary

  • Interest rate cap and floor — Interest rate c An interest rate cap is a derivative in which the buyer receives payments at the end of each period in which the interest rate exceeds the agreed strike price. An example of a cap would be an agreement to receive a payment for… …   Wikipedia

  • Purchase Money Security Interest — (Purchase Money Security Interest or PMSI pronounced pimzee ) A security that a person takes in property, such as inventory for example, that secures payment with regard to those assets of all or part of its purchase price. (Dictionary of… …   Glossary of Bankruptcy

  • purchase-money obligation — USA The obligation secured by a purchase money security interest under the Uniform Commercial Code (UCC § 9 103(a)(2)). Practical Law Dictionary. Glossary of UK, US and international legal terms. www.practicallaw.com. 2010 …   Law dictionary

  • purchase — Transmission of property from one person to another by voluntary act and agreement, founded on a valuable consideration. Spur Independent School Dist. v. W. A. Holt Co., Tex.Civ.App., 88 S.W.2d 1071, 1073. To own by paying or by promising to pay… …   Black's law dictionary

  • interest — the cost of borrowing money. Glossary of Business Terms What is paid to a lender for the use of his money and includes compensation to the lender for three factors: 1) Time value of money (lender s rate) the value of today s dollar is more than… …   Financial and business terms

  • interest — The most general term that can be employed to denote a right, claim, title, or legal share in something. In its application to real estate or things real, it is frequently used in connection with the terms estate, right, and title. More… …   Black's law dictionary

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