7 Results for Tag: repayment

Back-to-Back Loan

DefinitionA Back-to-back loan is a loan agreement between entities in two countries in which the currencies remain separate but the maturity dates remain fixed. The gross interest rates of t

Federal Direct Student Loan Program (FDSLP)

Federal Direct Student Loan Program (FDSLP) What is 'Federal Direct Loan Program ' A program that provides low-interest loans to postsecondary students and their parents. The William D. Fo

Wage Earner Plan (Chapter 13 Bankruptcy)

Wage Earner Plan (Chapter 13 Bankruptcy) What is 'Wage Earner Plan (Chapter 13 Bankruptcy)' Also known as a Chapter 13 bankruptcy, this enables individuals with regular income to develop a

Tax Clawback Agreement

Tax Clawback Agreement What is 'Tax Clawback Agreement' An arrangement whereby the tax benefits received from a given venture are reinvested in the venture to cover any cash shortages. A t


DefinitionAmortization is paying off an amount owed over time by making planned, incremental payments of principal and interest. To amortize a loan means "to kill it off". In accounting, amo

Accelerated Amortization

Accelerated Amortization What is 'Accelerated Amortization' Extra payments made towards paying down a mortgage principal. With accelerated amortization, the loan borrower is allowed to add

Early Amortization

Early Amortization What is 'Early Amortization' A type of credit enhancement used in certain asset backed securities (ABS). Early amortization is an accelerated payment of bond principal i