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Debt ratio
Debt ratio The relationship between a person's long term debt payments and their monthly income.
RELATED TERMS--------------------------------------
Term
The length of time in which a loan is to be paid off.
Debt
An amount owed to another.
SIMILAR TERMS--------------------------------------
Debt
An amount owed to another.
Debt consolidation
The replacement of multiple loans with a single loan, often with a lower monthly payment and a longer repayment period.
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 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--------------------------------------
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
The replacement of multiple loans with a single loan, often with a lower monthly payment and a longer repayment period.
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
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.
Debt to income ratio
A comparison of gross income to housing and non-housing expenses.
Decedent
A deceased person, especially one who has died recently.
This dictionary contains 6433 terms. |
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