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Payment holiday |
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Payment holidayA short break from regular mortgage repayments, sometimes offered with flexible mortgages. This can sometimes be a useful feature for self-employed people or others with irregular income.Payment holiday Similar MatchesRepayment planRepayment planWhen a borrower falls behind in mortgage payments, many lenders will negotiate a repayment plan rather than go to court. MicropaymentMicropaymentA relatively small payment (maybe as small as a fraction of a cent) paid to the provider to access content (e.g., pay-per-view Web pages, articles, Web services, or a downloadable file). Graduated payment mortgageGraduated payment mortgageA mortgage scheme in which monthly payments commence at a lower level and increase over a period of a few years to a higher level which is subsequently maintained. Deferred payment annuityDeferred payment annuityAn annuity that stipulates payments be made to the annuitant at a later date, such as when the annuitant reaches a certain age. PIK (Payment in kind) securitiesPIK (Payment in kind) securitiesHighly speculative bonds or preferred stock that pay interest or dividends through additional bonds or preferred stock. Further SuggestionsMonthly repaymentRepayment period Documents against payment Additional principal payment Late payment Repayment mortgage Early repayment period Transfer payments Balance of payments adjustment mechanism Break even payment rate Deficiency Payment balance of payments Payments pattern Single payment bond Balance of payments argument for protection maintenance payments Periodic payments Progress payments Skip payment privilege Balance of payments equilibrium prepayment fee Balloon Payment payment card Periodic payment plan Payment float |
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