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Wild Interest |
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Wild InterestAn 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 MatchesGross interestGross interestInterest earned before taxes are deducted. Nominal interest rateNominal interest rateThe interest rate actually observed in the market, in contrast to the real interest rate. 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). Short term interest ratesShort term interest ratesInterest rates on loan contracts-or debt instruments such as Treasury bills, bank certificates of deposit or commerical paper-having maturities of less than one year. Often called money market rates. Add on interestAdd on interestThe interest a borrower pays on the principal for the duration of the loan. Further SuggestionsTrue interest costInterest parity Variable interest rate Interest expense Discount Interest Ordinary interest bond interest yield Daily interest interest Covered Interest Rate Parity Incidence of interest calculation Covered interest rate Interest Term structure of interest rates Simple interest Effective Interest Rate variable interest rate Rate of interest Earnings before interest after taxes (EBIAT) Interest only loan Noninterest bearing note mortgage interest relief at source Variable Interest Rate Interim interest Stated annual interest rate |
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