Tag: interest

Definition A fixed interest rate loan is a loan where the interest rate doesn't fluctuate during the fixed rate period of the loan. This allows...

What is 'Family Limited Partnership - FLP' A type of partnership designed to centralize family business or investment accounts. FLPs pool together...

DefinitionForeclosure is a legal process in which a lender attempts to recover the balance of a loan from a borrower who has stopped making...

What is a 'Waterfall Payment' A waterfall payment is a type of payment scheme in which higher-tiered creditors receive interest and principal...

DefinitionPreferred stock is a type of stock which may have any combination of features not possessed by common stock including properties of both an...

A warehouse bond is a type of surety bond that guarantees payment for goods that are stored in a bonded warehouse. The bond is...

What is 'Wash-Out Round' A common round of financing to owners of small companies that are not yet financially stable. When such...

DefinitionWar bonds are debt securities issued by a government to finance military operations and other expenditure in times of war. War Bond What...

When to Use a Waiver of Notice When does a meeting require formal notice? Normally, anyone with an interest must be formally notified, either in...

What is a 'General Obligation Bond - GO' A general obligation bond (GO) is a municipal bond backed by the credit and...