amortization term

  • 91sum of the digits — A method of *allocating costs to time periods based on the formula n (n + 1) / 2, where n represents the number of years to which the cost is to be allocated. In *amortization methodologies, the sum of the digits approach results in an… …

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  • 92Balance sheet — Accountancy Key concepts Accountant · Accounting period · Bookkeeping · Cash and accrual basis · Cash flow management · Chart of accounts  …

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  • 93Countrywide Financial — Infobox Company company name = Countrywide Financial Corp. company type = Subsidiary of Bank of America foundation = 1969 location = Calabasas, CA, USA revenue = profit$6,061,437,000 USD (2007) operating income = loss$1,310,274,000 USD (2007) net …

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  • 94Bullet loan — In banking and finance, a bullet loan is a loan where a payment of the entire principal of the loan, [cite news|last=Howard|first=Bob|title=Insurers brace themselves for oncoming bullets. |Publication=Los Angeles Business Journal|date=1993 April… …

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  • 95Centurion Reactor — The term Centurion Reactor refers to a future class of commercial nuclear power reactors designed for, and licensed to operate for periods of time of one hundred years or longer thus the term centurion . There currently are no Centurion Reactors… …

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  • 96Mortgage modification — is a process where the terms of a mortgage are modified outside the original terms of the contract agreed to by the lender and borrower (i.e mortgagor and mortgagee). In general, any loan can be modified. Contents 1 Background 2 Types of… …

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  • 97Net profit — Accountancy Key concepts Accountant · Accounting period · Bookkeeping · Cash and accrual basis · Cash flow management · Chart of accounts  …

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  • 98Generally Accepted Accounting Principles (United States) — In the U.S., generally accepted accounting principles, commonly abbreviated as US GAAP or simply GAAP, are accounting rules used to prepare, present, and report financial statements for a wide variety of entities, including publicly traded and… …

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  • 99Interest-only loan — An interest only loan is a loan in which for a set term the borrower pays only the interest on the principal balance, with the principal balance unchanged. At the end of the interest only term the borrower may enter an interest only mortgage, pay …

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  • 100Tier 2 capital — Tier 2 capital, or supplementary capital, include a number of important and legitimate constituents of a bank s capital base [1]. These forms of banking capital were largely standardized in the Basel I accord, issued by the Basel Committee on… …

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