Business and Personal Finance Dictionary

# A B C D E F G H I J K L M N O P Q R S T U V W X Y Z 

• INTEREST - 1. A monetary benefit paid by a borrower for the right to use a lender’s or a depositor’s fu...
  
  
• INTEREST ACCRUAL PERIOD - The period over which the interest due the lender is calculated. If the inter...
  
  
• INTEREST ACCRUAL RATE - The percentage rate at which interest accrues on the mortgage. In most cases, i...
  
  
• INTEREST ADJUSTMENT DATE - The date upon which the borrower is required to pay accrued interest on the ...
  
  
• INTEREST BASIS - The Interest Basis can be set for either 360 or 365 days. Each investment type has a d...
  
  
• INTEREST BEARING - paying interest
  
  
• INTEREST BOUGHT/SOLD DATE - The "value date" (q.v.). (J.P. Morgan Glossary of terms for global sovereig...
  
  
• INTEREST CALCULATIONS AND RELATED FORMULAS - Are quite varied yet interrelated. Some of the standard co...
  
  
• INTEREST CAP - When an adjustable-rate mortgage has an interest cap, it means there is a limit as to th...
  
  
• INTEREST CHECKING ACCOUNT - An interest checking account permits unlimited check-writing and pays inter...