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Wild Interest |
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Wild InterestAn interest of record which cannot be traced in the chain of title. Frequently occurs when an incorrect legal description appears on a document. An apparent wild interest may occur if a woman who changes her name through marriage after acquiring property, sells the property using her married name only.Wild Interest Similar MatchesDeferred interest mortgageDeferred interest mortgageInterest is not paid during the deferral period. When the period is over, the accumulated interest is added to the original loan. Some lenders add this interest to the total of your loan to give a new loan figure and new interest payments. Others calculate your interest payments on the original loan as normal and then spread the repayment of the deferred interest over a set period of time. The latter method is better for you, as adding the deferred interest to the loan means you end up paying interest on the deferred interest! Mortgage interest deductionMortgage interest deductionA federal tax deduction for interest paid on a mortgage used to acquire, construct, or improve a residence. Covered interest arbitrageCovered interest arbitrageA combination of transactions on two countries' securities and exchange markets designed to profit from failure of covered interest parity. A typical set of transactions would include selling bonds in one market, using the proceeds to buy spot foreign currency and foreign bonds, and selling forward the return at a future date. See also one-way arbitrage. Discount InterestDiscount InterestInterest at a beginning of the loan. For example if you take out a one-year loan of $100 at a discount interest rate of 10%, you would receive $90 at the outset. Open interestOpen interestThe net amount of outstanding open positions, either long or short, in a given futures or options contract. Further SuggestionsMarket interest rateInterest on interest Open interest Interest payments Short interest Uncovered interest parity High withholding tax interest income Interest tax shield Amortizing interest rate swap Covered interest rate Interest expense Covered Interest Rate Parity Add on Interest Real interest rate Interest sensitive stock simple interest Ordinary interest Assumed interest rate Interest equalization tax stepped interest debenture stocks Variable interest rate Best interests of creditors test Interest only loan Interest rate floor reversionary interest |
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