Single payment bond
Single payment bondA bond that makes only one payment of principal and interest.
Single payment bond
Balance of payments deficitBalance of payments deficit
A negative balance of payments surplus.
Balance of paymentsBalance 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 defaultPayment 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 surplusBalance 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 bondOptional payment bond
A bond whose principal and/or interest may be paid in foreign or domestic currency at the discretion of the bondholder.
Further SuggestionsPayment holiday
periodic payment plan
Skip payment privilege
Standard payment calculation
graduated payment mortgage
Balance of payments
Lag response of prepayments
Early repayment period
clearing house automated payment system
Payment of balance
Periodic payment plan
Clearing House Automated Payments System (CHAPS)
Zero prepayment assumption