|
| | |
Debt consolidation
Debt consolidation The replacement of multiple loans with a single loan, often with a lower monthly payment and a longer repayment period.
RELATED TERMS--------------------------------------
Loan
A sum of borrowed money (principal) that is generally repaid with interest.
SIMILAR TERMS--------------------------------------
Debt
An amount owed to another.
Debt coverage ratio
The ratio between the net income of an investment and the amount of debt service of the investment: expressed as (NOI - DS = DCR).
Debt ratio
The relationship between a person's long term debt payments and their monthly income.
Debt service
The total amount of the load payment, including principal and interest.
Debt service coverage ratio (DSCR)
The annual net operating income from a property divided by annual cost of debt service. A DSCR below 1 means the property is generating insufficient cash flow to cover debt payments.
Debt to income ratio
A comparison of gross income to housing and non-housing expenses.
Debtor
One who owes money; a borrower, a maker of a note; a mortgagor.
PREVIOUS AND NEXT TERMS--------------------------------------
Deadbolt lock
Locks that require a key to open from the outside and a turn button from the inside.
Deal structure
With regard to the financing of an acquisition, deals can be unleveraged, leveraged, traditional debt, participating debt, participating-convertible debt or joint ventures.
Debenture
A type of long-term bond or note given as evidence of debt. Unlike a mortgage note, a debenture is not secured by a specific property.
Debit
A charge on an accounting statement or balance sheet (appearing on the left-hand column); the opposite of a credit.
Debt
An amount owed to another.
Debt consolidation
Debt coverage ratio
The ratio between the net income of an investment and the amount of debt service of the investment: expressed as (NOI - DS = DCR).
Debt ratio
The relationship between a person's long term debt payments and their monthly income.
Debt service
The total amount of the load payment, including principal and interest.
Debt service coverage ratio (DSCR)
The annual net operating income from a property divided by annual cost of debt service. A DSCR below 1 means the property is generating insufficient cash flow to cover debt payments.
Debtor
One who owes money; a borrower, a maker of a note; a mortgagor.
This dictionary contains 6433 terms. |
|
|
