Tag: payments

Annuity

An annuity can be best defined as a financial product which is exclusively designed and offered by insurance companies to help individuals grow funds....
Accelerated payments

Accelerated Payments

What are accelerated payments and how do they work Accelerated payments are payments that are made before the scheduled due date. They are often used...

Lease

DefinitionA lease is a contractual arrangement calling for the to pay the lessor for use of an asset. Property, buildings and vehicles are common...

Rate Anticipation Swap

What is 'Rate Anticipation Swap' A type of swap in which bonds are exchanged according to their current duration and predicted interest...

Reverse Mortgage

DefinitionA reverse mortgage is a type of home loan for older homeowners that requires no monthly mortgage payments. Borrowers are still responsible for property...
rate and term refinance

Rate And Term Refinance

If you're like most homeowners, your mortgage is probably the biggest financial commitment you've ever made. So if you're thinking of refinancing, it's important...

Sandwich Lease

What is 'Sandwich Lease' A lease in which a party rents property from the property owner and then subsequently leases it out...

Samurai Bond

DefinitionA samurai bond is a yen-denominated bond issued in Tokyo by non-Japanese companies, and is subject to Japanese regulations. These bonds provide the issuer...

Bad Credit

DefinitionBad Credit was a comedy hip hop duo based out of San Diego, California which lasted from 2002 to 2008, fronted by musicians and...

Balance Protection

Balance Protection What is 'Balance Protection ' The optional coverage on an existing credit card account. Typically, the fee for the...

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