Daily interest
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  Daily interest



Daily interest

   Interest on the homeloan is calculated and applied on a daily rather than a monthly or yearly basis.

RELATED TERMS
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Interest
Money paid to a lender as compensation for money that is borrowed.

Basis
Original cost of property plus value of any improvements put on by the seller minus the depreciation taken by the seller.



SIMILAR TERMS
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Daily interest

Damage and destruction (in a lease)
Spells out the landlord's and tenant's right to terminate lease in case of fire, flood or other disaster.

Damages
The indemnity recoverable by a person who has sustained an injury, either in his-her person, property, or relative rights, through the act or default of another.

Damper
A movable plate in a fireplace that allows smoke and fumes to travel up the chimney's flue.

Datum
A horizontal plane from which heights and depths are measured.

Days on the market
The period of time a property is listed for sale until it is sold or taken off the market.

This dictionary contains 6433 terms.
      












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