FT MarketWatch

Consolidation loan

The replacement of Multiple loans with a Single loan, often with a lower monthly payment and a longer repayment period. also called Consolidation loan. also called Debt consolidation.

Related Terms: 15 Call, Consol, Consolidation loan, Consolidation, Debt, Debt consolidation, Long, Loan, Low, Multiple, NSO, Owe, Placement, Single, Tip
Other Related Pages: Category: Lending_and_Credit Starting With: C
Additional Related Terms: 52-week low, Average collection period, Accrual of discount, Amortization of premium, At par, All or any part, At best, At call, All-risks coverage, At risk