Advertising

P&i

• Are principal and income payments or principal and interest.

 
 Embedded terms in definition
 Income
Interest
Principal
 
 Referenced Terms
 Level pay: The characteristic of the scheduled principal and interest payments due under a mortgage such that total monthly payment of P&i is the same while characteristically the principal payment component of the monthly payment becomes gradually greater while the monthly interest payment becomes less.

<< Owner's equity P&l >>

What Happens If a Bank Fails?: How the FDIC protects depositors, including providing quick access to insured funds. More...

There is only one way... to get anybody to do anything. And that is by making the other person want to do it. Dale Carnegie

Advertising



Copyright 2009-2018 GVC. All rights reserved.