Growing Perpetuity

Business / Finance / Growing Perpetuity: Mortgage with a fixed interest rate and payments that increase throughout the term of the mortgage.

Other Words for Perpetuity

Perpetuity Adjective Synonyms: permanence, constancy, timelessness, eternity
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Growing-Equity Mortgage (GEM)

Business / Real Estate / Growing-Equity Mortgage (GEM): A loan in which the monthly payments increase annually, with the increased amount being used to reduce directly the principal balance outstanding and thus shorten the overall term of the loan. MORE

Perpetuity

Business / Finance / Perpetuity: A constant stream of identical cash flows without end, such as a British consol. MORE

Growing Season

Business / Agriculture / Growing Season: The time period, usually measured in days, between the last freeze in the spring and the first frost in the fall. Growing seasons vary depending on local climate and geography. It can also vary by cro MORE

Growing Perpetuity

Business / Finance / Growing Perpetuity: Mortgage with a fixed interest rate and payments that increase throughout the term of the mortgage. MORE

Growing Equity Mortgage (GEM)

Business / Debt / Growing Equity Mortgage (GEM): A fixed rate, graduated payment loan allowing low beginning payments and a shorter term because of higher payments as the loan progress. Based on the theory of increasing income by the buyer and, ther MORE

GEM (Growing Equity Mortgage)

Business / Finance / GEM (Growing Equity Mortgage): Financial leverage. MORE

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