Advertising

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.

<< Payback period Payer >>

Managing Your Expenses on a Fixed or Reduced Income: Once you've retired, you finally have the opportunity to work at your dream job - keeping yourself happy. It's your chance to visit places you've always wanted to see, take up a new hobby and spend more time with your family and friends. But to be successful at this new position, you've got to make the most of your income and investments. Here are suggestions. More...

Peace cannot be kept by force. It can only be achieved by understanding. Albert Einstein

Advertising



Copyright 2009-2019 GVC. All rights reserved.