|
|
Break even lease payment |
|
|
|
 Home Site Map Add Term Search About Us Contributors |
Break even lease paymentThe lease payment at which a party to a prospective lease is indifferent between entering and not entering into a lease arrangement.Break even lease payment Similar MatchesPayment of balancePayment of balanceThis usually takes place between a week and a month after exchanging contracts. It is possible to have a simultaneous exchange and completion if you are in a real hurry to get moving. When you complete the sale, your solicitor forwards the remaining balance of the purchase price to the seller's solicitor. You then have the right to take occupancy of the property and are free to move in. Break even payment rateBreak even payment rateThe prepayment rate of an MBS coupon that will produce the same cash flow yield (CFY) as that of a predetermined benchmark MBS coupon. Used to identify for coupons higher than the benchmark coupon the prepayment rate that will produce the same cash flow yield (CFY) as that of the benchmark coupon; and for coupons lower than the benchmark coupon the lowest prepayment rate that will do so. Method of paymentMethod of paymentThe way a merger or acquisition is financed. Immediate payment annuityImmediate payment annuityAn annuity contract paid by a single payment and with a specified payment plan the starts immediately after the contract is purchased. Repayment mortgageRepayment mortgageA mortgage where throughout the term, regular payments (usually monthly) are made to partly repay interest on the capital and to partly repay the capital itself (the amount of the loan).Initially the largest proportion of the repayments will be used to pay interest since the capital amount outstanding is at its highest value. Therefore over the initial years the capital will not reduce very much. However as the years proceed more and more of the monthly repayments will be applied to reducing the capital until towards the end of the term the large proportion will be paying off capital and a small proportion paying interest.In the event that interest rates rise then often the monthly repayments will rise accordingly. Alternatively, to keep the same monthly repayments the term will need to be extended. If interest rates fall then the reverse applies. It is usually a requirement of the lender (that is, a building society or bank) providing the mortgage that the borrower takes out life assurance so that repayment is made in the event of his/her death during the term. Further Suggestionspayment cardtransfer payments prepayment fee Monthly repayment Additional principal payment Installment payments Balloon Payment Stop payment Date of payment clearing house automated payment system Receive versus payment Late payment Payments imbalance Periodic payments Prepayment speed Overpayment periodic payment plan Transfer payment Payments pattern PIK (Payment in kind) securities clearing house interbank payment system Discount payment Repayment mortgage Graduated payment Balance of payments |
|
|
|