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Net interest cost (NIC) |
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Net interest cost (NIC)The total amount of interest that will be paid on a debt obligation by a corporate or municipal bond issuer.Net interest cost (NIC) Similar MatchesInterest only loanInterest only loanA loan in which payment of principal is deferred and interest payments are the only current obligation. Interest sensitive stockInterest sensitive stockStocks whose earnings are dependent upon and change with the interest rate, e.g., bank stocks. Interest rateInterest rateThe monthly effective interest rate. For example, the periodic rate on a credit card with an 18% annual percentage rate is 1.5% per month. Interest equalization taxInterest equalization taxTax on foreign investment by residents of the US which was abolished in 1974. Add on InterestAdd on InterestA method of charging interest usually used in the financing of automobiles, but not generally used in real estate financing. Interest is computed on the total amount borrowed and added on to the principal. Each payment is then deducted from this total amount. Interest on real estate loans is usually figured based on the balance owing after each payment is made (declining balance). Further SuggestionsEffective Interest RateMarket interest rate Interest rate futures contract interest receivable reversionary interest Covered interest rate Interest expense Covered interest parity Interest Cap interest payable interest cover Short interest theory Add on interest Stated annual interest rate Equilibrium rate of interest Uncovered interest parity Compound interest Interest Assumed interest rate Variable Interest Rate Forward interest rate Real interest rate And interest Earnings before interest and, taxes (EBIT) mortgage interest relief at source |
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