Level pay


 

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Level pay

Scheduling principal and interest payments (P&I) due under a mortgage so that total monthly payment of P&I is the same. Different from the typical mortgage for which the principal payment component of the monthly payment becomes gradually greater while the monthly interest component shrinks.



Level pay

Similar Matches

Level playing field

Level playing field

The objective of those who advocate protection on the grounds the foreign firms have an unfair advantage. A level playing field would remove such advantages, although it is not usually clear what sorts of advantage (including comparative advantage) would be permitted to remain. See fairness argument for protection.


Level term insurance

Level term insurance

A life insurance policy with a fixed face value and increasing premiums.


Level load

Level load

A mutual fund that charges a permanent sales charge, usually at some fixed percentage. See: Front-end loads and back-end loads.


Resistance level

Resistance level

A price level above which it is supposedly difficult for a security or market to rise. Price ceiling at which technical analysts note persistent selling of a commodity or security. Antithesis of support level.


Reporting level

Reporting level

Sizes of positions set by the exchanges or the CFTC at or above which commodity traders and brokers who carry their accounts must make daily reports as to the size of the position by futures or options contract, delivery month and whether the position is speculative or hedging.


Further Suggestions

upper earnings level
Equilibrium level
Support level
support level
Level 2
level term insurance
Price level
resistance level
Level debt service
Level term assurance
Level coupon bond
Level
Confidence level


 
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