Points

Finance charges Paid by the borrower at the beginning of a loan. One Point is 1% of the Loan amount.

Related Terms: 6 Borrow, Charge, Loan, Owe, Point, Paid

Other Related Pages: Category: Lending_and_Credit Starting With: P

Additional Related Terms: 12b-1 funds, Accrual of discount, Amortization of premium, At par, All or any part, At best, At call, At risk, Add-on service, Abstract of title