- cash-pay interest
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See
Practical Law Dictionary. Glossary of UK, US and international legal terms. www.practicallaw.com. 2010.
cash-pay interest
Look at other dictionaries:
cash advance — UK US noun [C] BANKING, FINANCE ► an amount of money that someone borrows and on which they start to pay interest as soon as they receive it. The rate of interest for this type of loan is usually higher than for other types of loan: »We can… … Financial and business terms
Interest rate swap — An interest rate swap is a derivative in which one party exchanges a stream of interest payments for another party s stream of cash flows. Interest rate swaps can be used by hedgers to manage their fixed or floating assets and liabilities. They… … Wikipedia
pay — ▪ I. pay pay 1 [peɪ] noun [uncountable] the money someone receives for the job they do: • She got the job, but it meant a big pay cut. • an increase in hourly pay • All I want is a full day s work for a full day s pay … Financial and business terms
pay — /peɪ/ noun a salary or wages, money given to someone for regular work ♦ holiday with pay a holiday which an employee can take by contract and for which he or she is paid ■ verb1. to give money to buy an item or a service ● to pay £1,000 for a car … Dictionary of banking and finance
Interest rate — Finance Financial markets Bond market … Wikipedia
interest — the cost of borrowing money. Glossary of Business Terms What is paid to a lender for the use of his money and includes compensation to the lender for three factors: 1) Time value of money (lender s rate) the value of today s dollar is more than… … Financial and business terms
Interest — The price paid for borrowing money. It is expressed as a percentage rate over a period of time and reflects the rate of exchange of present consumption for future consumption. Also, a share or title in property. The New York Times Financial… … Financial and business terms
cash — Synonyms and related words: COD, acquitment, acquittal, acquittance, amortization, amortizement, and pence, available funds, balance in hand, banknotes, bills, binder, bread, cash down, cash in, cash in hand, cash on delivery, cash payment, cash… … Moby Thesaurus
Interest-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 … Wikipedia
Cash for Honours — (also Cash for Peerages, Loans for Honours or Loans for Peerages) is the name given by some in the media to a political scandal in the United Kingdom in 2006 and 2007 concerning the connection between political donations and the award of life… … Wikipedia
