zero coupon loan
1zero coupon loan notes — loan notes on which no interest is payable. The principal and the interest are paid at the maturity date. Practical Law Dictionary. Glossary of UK, US and international legal terms. www.practicallaw.com. 2010 …
2Zero-Coupon Mortgage — A form of commercial financing in which regular interest and principal payments are deferred until maturity, rather than paid over the course of the loan. While the coupon rate on such a mortgage is technically zero because there are no regular… …
3coupon — cou·pon / kü ˌpän, kyü / n [French, from Old French, piece, from couper to cut]: a statement of due interest to be cut from a debt instrument and esp. a bearer bond when payable and presented for payment; also: the interest rate of a coupon… …
4PIK loan — A PIK Loan is a type of loan which typically does not provide for any cash flows from borrower to lender between the drawdown date and the maturity or refinancing date, not even interest or parts thereof (see mezzanine loan), thus making it an… …
5Take-Out Loan — A type of long term financing (usually) on a piece of real property. Long term take out loans replace interim financing, such as a short term construction loan. They are usually mortgages with fixed payments that are amortizing. Take out loans… …
6Collateralized mortgage obligation — Financial markets Public market Exchange Securities Bond market Fixed income Corporate bond Government bond Municipal bond …
7Bond (finance) — In finance, a bond is a debt security, in which the authorized issuer owes the holders a debt and, depending on the terms of the bond, is obliged to pay interest (the coupon) to use and/or to repay the principal at a later date, termed maturity.… …
8Mortgage-backed security — Securities Securities Bond Stock Investment fund Derivative Structured finance Agency security …
9Day count convention — In finance, a day count convention determines how interest accrues over time for a variety of investments, including bonds, notes, loans, mortgages, medium term notes, swaps, and forward rate agreements (FRAs). This determines the amount… …
10Convertible bond — Financial markets Public market Exchange Securities Bond market Fixed income Corporate bond Government bond Municipal bond …
