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 RATE AGREEMENT - An agreement whereby one party, for an up-front premium, agrees to compensate...
  
  
• INTEREST RATE BUY DOWN PLAN - A method of reducing the effective interest charged to a borrower. A thir...
  
  
• INTEREST RATE BUY-DOWN PLAN - An arrangement wherein the property seller (or any other party) deposits ...
  
  
• INTEREST RATE BUYDOWN PLAN - A loan instrument where money is deposited into an account so that it can ...
  
  
• INTEREST RATE CAP - The maximum interest rate increase of an Adjustable Rate Mortgage. For example: a 7...
  
  
• INTEREST RATE CAPS - An interest-rate cap places a limit on the amount your interest rate can increase....
  
  
• INTEREST RATE CEILING - The interest rate ceiling is the highest interest rate possible under an ARM. Y...
  
  
• INTEREST RATE COLLAR - a combination of caps and floors giving a range of minimum and maximum interest ...
  
  
• INTEREST RATE DECREASE CAP - An interest rate decrease cap is the maximum allowable decrease in your in...
  
  
• INTEREST RATE DIFFERENTIAL - A penalty for early prepayment of all or part of a mortgage outside of its...