Equivalent Loan

Business / Finance / Equivalent Loan: Annual yield on a short-term, noninterest-bearing security calculated for comparison to yields quoted on coupon securities.

Other Words for Equivalent

Equivalent Adjective Synonyms: tantamount, commensurate, alike, similar, close, comparable, corresponding, interchangeable, equal, synonymous, of a piece or a kind
Equivalent Noun Synonyms: match, equal, peer, counterpart, twin
MORE

Other Words for Loan

Loan Verb Synonyms: advance, allowance, credit, accommodation
MORE

Nonproductive Loan

Business / Finance / Nonproductive Loan: A loan that increases spending power, but is used in business that does not directly increase the economy's output, such as a leveraged buyout loan. MORE

Nonpurpose Loan

Business / Finance / Nonpurpose Loan: A loan with securities pledged as collateral, but which is not to be used in securities trading or transactions. MORE

Nonrecourse Loan

Business / Finance / Nonrecourse Loan: A loan taken by limited partners used to finance their portion of the partnership, which is secured by their ownership in the venture. MORE

Nonrecourse Loans

Business / Agriculture / Nonrecourse Loans: Farmers or processors participating in government commodity programs may pledge certain stored commodities as collateral and obtain a loan from the CCC at a commodity-specific, per-unit loan rate. The MORE

Non-Conforming Loan

Business / Real Estate / Non-Conforming Loan: A mortgage loan that does not meet Fannie Mae and Freddie Mac underwriting guidelines. Non-conforming loans are available as both fixed and adjustable rate mortgages. MORE

No Loan, No Commission

Business / Real Estate / No Loan, No Commission: A listing agreement requiring that escrow be closed and title transferred before an agent is entitled to a commission. MORE

Links
Home
Glossary
Thesaurus