repayment

  • 111Default trap — The default traps in sovereign borrowing refers to the idea that once a country falls into a default, it is more likely to default again in the future, compared to another country with identical future output ability. The idea of default traps is …

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  • 112Original issue discount — (OID) is a type of interest that is not payable as it accrues. OID is normally created when a debt, usually a bond, is issued at a discount. In effect, selling a bond at a discount converts stated principal into a return on investment, or… …

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  • 113mortgage — the transfer of right of ownership of a property from a debtor to a creditor as security for a debt, with the proviso that once the debt is paid ownership is transferred back. Glossary of Business Terms (1) noun A legal instrument that creates a… …

    Financial and business terms

  • 114TAXATION — This article is arranged according to the following outline: historical aspects legal aspects the biblical period the talmudic period the post talmudic period in general yardsticks of tax assessment taxable property Place of Residence, Business,… …

    Encyclopedia of Judaism

  • 115Debenture — For debentures in sport, see debenture (sport). Finance Financial markets …

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  • 116Adjustable-rate mortgage — A variable rate mortgage, adjustable rate mortgage (ARM), or tracker mortgage is a mortgage loan with the interest rate on the note periodically adjusted based on an index which reflects the cost to the lender of borrowing on the credit… …

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  • 117Muhammad Yunus — মুহাম্মদ ইউনুস Welfare economics , Development economics , Public Health , Gender Studies , Political Philosophy , Utilitarianism …

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  • 118Refinancing — may refer to the replacement of an existing debt obligation with a debt obligation under different terms. The terms and conditions of refinancing may vary widely by country, province, or state, based on several economic factors such as, inherent… …

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  • 119Endowment mortgage — An endowment mortgage is a mortgage loan arranged on an interest only basis where the capital is intended to be repaid by one or more (usually Low Cost) endowment policies. The phrase endowment mortgage is used mainly in the United Kingdom by… …

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  • 120Balanced Budget Amendment — The Balanced Budget Amendment is any one of various proposed amendments to the United States Constitution which would require a balance in the projected revenues and expenditures of the United States government. Most such proposals contain a… …

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