Single payment bond

 

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Single payment bond

A bond that makes only one payment of principal and interest.



Single payment bond

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Balance of payments deficit

Balance of payments deficit

A negative balance of payments surplus.


Balance of payments

Balance of payments

A country's financial position, with other countries of the world, which is made up of its current account and capital account (or capital movement) over a given period of time.The current account covers the balance of imports and exports.The capital account covers the difference between the capital which the country has invested in other countries, and the capital invested by other countries in it.


Payment default

Payment default

This results when you are unable or simply unwilling to meet your mortgage repayments. If you default on your payments, the lender is ultimately entitled to sell your home in order to recover the loan. Different lenders will have different policies on how long they give you before they start the legal proceedings to recover the loan. Many will have a separate schedule of charges which you will incur before they start proceedings.


Balance of payments surplus

Balance of payments surplus

A number summarizing the state of a country's international transactions, usually equal to the balance on current account plus the balance on capital account. This equals zero* and is uninformative under the modern definition of the latter, but with official reserve transactions excluded, or omitting also other volatile short-term capital-account transactions, it indicates the stress on a regime of pegged exchange rates.


Optional payment bond

Optional payment bond

A bond whose principal and/or interest may be paid in foreign or domestic currency at the discretion of the bondholder.


Further Suggestions

Payment holiday
periodic payment plan
Skip payment privilege
transfer payments
Payment gateway
Payments pattern
Standard payment calculation
Prepayment penalty
graduated payment mortgage
Balance of payments
Lag response of prepayments
Early repayment period
clearing house automated payment system
prepayment fee
maintenance payments
Payment of balance
Periodic payment plan
Repayment mortgage
call payment
Balloon Payment
Prepayment penalty
Clearing House Automated Payments System (CHAPS)
Installment payments
Zero prepayment assumption
Balloon payment


 
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