Discount loan

A Loan on which the Interest and Financing charges are deducted from the Face amount when the Loan is issued.

Related Terms: 7 Charge, Face amount, Financing, FIN, Interest, Loan, Sue

Other Related Pages: Category: Lending_and_Credit Starting With: D

Additional Related Terms: Accrued interest, Asset financing, Add-on service, As is, Attorney in fact, Asset conversion loan, A shares, At the money, Across the board, Additional paid-in capital