Additional principal payment


 

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Additional principal payment

Extra money included in the monthly payment to help reduce the principal and shorten the term of the loan.



Additional principal payment

Similar Matches

Additional personal allowance

Additional personal allowance

An income tax allowance to single people including widows/widowers, separated spouses etc who are not entitled to the married couple's allowance and are supporting a child under the age of 16 at their own expense. This allowance also applies where a man's wife is living with him and she is totally incapacitated and they have a child living with them.


Additional rate tax

Additional rate tax

A term which applies to trusts without an interest in possession (for example a discretionary trust) and defines the additional rate of tax on income.


Additional hedge

Additional hedge

A protection against borrower fallout risk in the mortgage pipeline.


Statement of Additional Information (SAI)

Statement of Additional Information (SAI)

A document provided as a supplement to a mutual fund prospectus. It provides more detailed information about fund policies, operations, and risks. Also known as a Part B prospectus.


Additional voluntary contributions

Additional voluntary contributions

Additional payments to a tax deferred savings account or an occupational pension scheme by an employee to boost a pension at retirement.


Further Suggestions

Additional bonds test
Additional security fee
free standing additional voluntary contributions


 
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