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Paydown

• In a Treasury refunding, the amount by which the par value of the securities maturing exceeds that of those sold.

• In a Treasury refunding, the amount by which the par value of the securities maturing exceeds that of those sold.

 
 Embedded terms in definition
 Par value
Refunding
Securities
 
 Referenced Terms
 Graduated payment mortgage: Is a mortgage which frequently has relatively low payments in its early life. These relatively low payments are often insufficient to amortize the principal. Therefore with the passage of time the payment schedule is stepped-up to Paydown the early negative amortization, service the interest requirement, and paydown the total principal balance.

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Helping Disabled or Elderly Relatives With Money Management, Even From Far Away: Millions of people serve as financial caregivers for ill or elderly spouses, parents, children or other loved ones. They perform services that include paying bills, handling deposits and investments, filing insurance claims and preparing taxes. Because this role can be costly and physically and emotionally exhausting, especially for a caregiver who lives far away or has the usual time-demands, FDIC Consumer News offers some suggestions. More...

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