Definition of Interest-only loan - Finance dictionary
Interest-only loan(See Chapter 26 of the Vernimmen)
A loan in relation to which no Interest is to be paid during its life, and all such Interest is paid in fine (bullet) on the Final maturity date of such loan.
Interest-only loan(See Chapter 26 of the Vernimmen)
A loan in relation to which no Interest is to be paid during its life, and all such Interest is paid in fine (bullet) on the Final maturity date of such loan.
Interest-only loan(See Chapter 26 of the Vernimmen)
A loan in relation to which no Interest is to be paid during its life, and all such Interest is paid in fine (bullet) on the Final maturity date of such loan.