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 >>

Ways to Cope Financially During and After a Big Change: Here are suggestions for staying focused and avoiding costly decisions during changing times. More...

A happy person is not a person in a certain set of circumstances, but rather a person with a certain set of attitudes. - Hugh Downs

Advertising



Copyright 2009-2019 GVC. All rights reserved.