Daily interest


 

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Daily interest

Interest on the homeloan is calculated and applied on a daily rather than a monthly or yearly basis. Can lead to big savings. 



Daily interest

Similar Matches

Interest equalization tax

Interest equalization tax

A tax levied between 1963 and 1974 by the United States of 15% on interest received from foreign borrowers, intended to discourage capital outflows.


Best interests of creditors test

Best interests of creditors test

The requirement that a claim holder voting against a plan of reorganization must receive at least as much as if the debtor were liquidated.


Interest on interest

Interest on interest

Interest earned on reinvestment of each interest payment on money invested. See: compound interest.


Open interest

Open interest

The net amount of outstanding open positions, either long or short, in a given futures or options contract.


Capitalized interest

Capitalized interest

Interest that is not immediately expensed, but rather is considered as an asset and is then amortized through the income statement over time.


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