Wild Interest


 

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Wild Interest

An interest of record which cannot be traced in the chain of title. Frequently occurs when an incorrect legal description appears on a document. An apparent wild interest may occur if a woman who changes her name through marriage after acquiring property, sells the property using her married name only.



Wild Interest

Similar Matches

Market interest rate

Market interest rate

Rates of interest paid on deposits and other investments, determined by the interaction of the supply of and demand for funds in the money market.


Spot interest rate

Spot interest rate

Interest rate fixed today on a loan that is made today. Related: Forward interest rates.


Interest

Interest

The price paid for borrowing money. It is expressed as a percentage rate over a period of time and reflects the rate of exchange of present consumption for future consumption. Also, a share or title in property.


Interest payable

Interest payable

An accounting term which refers to the amount a company pays in the form of interest on cash borrowings. The figure for interest payable can be found in the balance sheet. Its flip side is 'interest receivable' - the amount a company receives as interest on its cash deposits.


Interest rate

Interest rate

The rate of return on bonds, loans, or deposits. When one speaks of "the" interest rate, it is usually in a model where there is only one.


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