Minimum payment

The smallest amount which can be Paid on a revolving charge Account to avoid a Penalty.

Related Terms: 6 Account, Charge, OID, Penalty, Paid, Void

Other Related Pages: Category: Lending_and_Credit Starting With: M

Additional Related Terms: Account, Account statement, Account aggregation, Account balance, Active account, Alternate account, Asset management account, Account executive, All or any part, All-risks coverage