prêt à amortissement négatif

Traductions

• anglais

  Auteur : Banque mondiale / World Bank, 1991

  Définition

  Installment loan having the annuity principal as a basis for computation, whose fixed periodic payments increase from time to time, e.g. annually, bi-annually. Initial installments typically are insufficient to meet the interest accruing on the loan principal and unpaid balances of interest are added to the principal outstanding. As the periodic installments increase in value they become sufficient to meet the interest due and commence reducing the principal outstanding.

  Terme :

  1. negative amortization loan