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Interest only loan |
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Interest only loanA loan in which payment of principal is deferred and interest payments are the only current obligation.Interest only loan Similar MatchesCovered interest rateCovered interest rateThe covered interest rate, in a currency other than your own, is the nominal interest rate plus the forward premium on the currency; thus the percent you will earn holding the foreign asset while protecting against exchange-rate change by selling the foreign currency forward. Covered Interest Rate ParityCovered Interest Rate ParityThe principle that the yields from interest-bearing foreign and domestic investments should be equal when the forward currency market is used to predetermine the domestic currency payoff from a foreign investment. InterestInterestThe amount paid by a borrower to a lender above the amount (the principal) that has been borrowed. Times interest earned ratioTimes interest earned ratioEarnings before interest and tax, divided by interest payments. Earnings before interest after taxes (EBIAT)Earnings before interest after taxes (EBIAT)A financial measure defined as revenues less cost of goods sold and selling, general, and administrative expenses. In other words, operating and nonoperating profit before the deduction of interest plus cash income taxes. Equivalent to EBIT minus cash taxes. Further SuggestionsInterest equalization taxInterest only strip (IO) Interest deduction Interest equalization tax Open interest Interest expense Interest rate Any interest date Covered interest arbitrage Interest parity True interest cost Interest tax shield Amortizing interest rate swap Exact interest permanent interest bearing shares mortgage interest relief at source Uncovered interest parity mortgage interest deduction reversionary interest Interest rate futures contract Deferred interest bond interest rate swap interest rate Wild Interest Interest payments |
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