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Term loan
Term loan A short-term loan requiring interest-only payments until maturity, at which time the entire principal is due and payable.
RELATED TERMS--------------------------------------
Loan A sum of borrowed money (principal) that is generally repaid with interest.
Interest-only A term loan calling for payments of interest only, not to include any amount for principal.
Maturity The date on which the principal balance of a loan, bond, or other financial instrument becomes due and payable.
Principal 1) The outstanding balance of a loan. 2) A party to a real estate transaction. 3) The head of a real estate firm.
SIMILAR TERMS--------------------------------------
Term The length of time in which a loan is to be paid off.
Term beginning States when the tenant begins to owe rent.
Term length Specifies the effective period for the lease.
Termite inspection A visable check of a property for the presence of termites, usually performed by a licensed exterminator.
Terms and conditions The negotiable issues outlined in the offer to purchase and - or the purchase and sale agreement.
PREVIOUS AND NEXT TERMS--------------------------------------
Tenement A common law real estate term that describes those real property rights of a permanent nature.
Ten-Year Treasury Constant Maturity An index published by the Federal Reserve Board based on the average yield of a range of Treasury securities, all adjusted to the equivalent of a 10-year maturity.
Term The length of time in which a loan is to be paid off.
Term beginning States when the tenant begins to owe rent.
Term length Specifies the effective period for the lease.
Term loan
Termite inspection A visable check of a property for the presence of termites, usually performed by a licensed exterminator.
Terms and conditions The negotiable issues outlined in the offer to purchase and - or the purchase and sale agreement.
Terrace A terrace can be several things: an unroofed paved area right next to a house; a roofed balcony; a veranda; or a raised bed of earth constructed to enhance a landscape.
Testamentary trust A trust established by will.
Testate Having made a will before death.
This dictionary contains 6433 terms. |
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