Business / Finance / Graham And Dodd Method Of Investing: A type of stepped-payment loan in which the borrower's payments are initially lower than those on a comparable level-rate mortgage. The payments gradually increase over a predetermined period (usually 3, 5, or 7 years), and then are fixed at a level-pay schedule, which will be higher than the level-pay amortization of a level-pay mortgage originated at the same time. The difference between what the borrower actually pays and the amount required to fully amortize the mortgage is added to the unpaid principal balance.
Method Adjective Synonyms: way, means, procedure, approach, route, avenue, road, mode, manner, technique, process, routine, modus operandi, plan, scheme, programme, course, routine, practice, pattern, system, methodology, M.O.
Health / Dentistry / Point-Of-Service (POS) Plan: A health plan allowing the member to choose to receive a service from a participating or non-participating provider, with different benefits levels associated with the use of participating providers. MORE
Health / Health Insurance / Point-Of-Service (POS) Product: A healthcare option that allows members to choose at the time medical services are needed whether they will go to a provider within the plan's network or seek medical care outside the network. MORE