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 to Know Before Declaring Your Financial Independence: Twenty-somethings may not realize it, but every time they enter a new phase of their life as young adults - perhaps starting college, a career or a family - they're also venturing into a new world of money management. Here are ways to be prepared. More...

If you really put a small value upon yourself, rest assured that the world will not raise your price. - Author Unknown

Advertising



Copyright 2009-2018 GVC. All rights reserved.