repayment of principal
21Collateralized mortgage obligation — Financial markets Public market Exchange Securities Bond market Fixed income Corporate bond Government bond Municipal bond …
22subordinated debt — Debt that is unsecured and/or ranks for interest and repayment after the senior debt of a company. Subordinated debt may rank below senior debt in the following ways: • Repayment of principal. The more senior the debt, the earlier it will be due… …
23End Loan — A permanent, long term loan used to pay off a short term construction loan or other form of interim financing. Although an end loan can have interest only or other features that delay the repayment of principal, at some point, an end loan begins… …
24closed-end credit — Credit extensions in which the borrower receives the entire proceeds of the loan at or shortly after the loan is closed. In closed end credit facilities, the amount borrowed cannot increase after it has been disbursed and partially repaid. Closed …
25Fixed income — refers to any type of investment that yields a regular (or fixed) return. For example, if you lend money to a borrower and the borrower has to pay interest once a month, you have been issued a fixed income security. When a company does this, it… …
26Russia — /rush euh/, n. 1. Also called Russian Empire. Russian, Rossiya. a former empire in E Europe and N and W Asia: overthrown by the Russian Revolution 1917. Cap.: St. Petersburg (1703 1917). 2. See Union of Soviet Socialist Republics. 3. See Russian… …
27CMG Plan — A mortgage plan in which a borrower s mortgage is structured like a checking account, where paychecks are deposited directly into the mortgage account and the mortgage balance is reduced by that amount. As checks are written against the account… …
28Mortgage Accelerator — A type of mortgage loan program popular in the United Kingdom and Australia that resembles the combination of a home equity loan and a checking account. Borrowers paychecks are deposited directly into the mortgage account and the mortgage balance …
29Security (finance) — This article is about the negotiable instrument. For the legal right given to a creditor by a borrower, see Security interest. Securities Securities Bond …
30Standing Loan — A type of loan where payments are made of interest only. Repayment of principal is required only at the end of the loan term. A standing loan is primarily used in real estate or automobile loans. This type of loan is less common, since most… …
