Term loan
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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
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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
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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
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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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