Fully Amortizing

Business / Loan / Fully Amortizing: This describes a loan where the balance owed at the scheduled end of the loan is zero if all regular monthly payments are made as scheduled.

Fully Modified Pass-Throughs

Business / Finance / Fully Modified Pass-Throughs: Used to describe an investor whose assets are totally committed to investments, typically stock. MORE

Fully Invested

Business / Finance / Fully Invested: A new stock issue that has been completely resold to the investing public and is no longer held by dealers. MORE

Fully Valued

Business / Finance / Fully Valued: Agency pass-throughs that guarantee the timely payment of both interest and principal. Related: Modified pass-throughs. MORE

Self-Amortizing Loan

Business / Taxes / Self-Amortizing Loan: A self-amortizing loan is one that’s paid off over a specific period of time as the borrower makes regular installment payments. Part of each payment covers some interest on the loan, and the rest i MORE

Self-Amortizing Mortgage

Business / Finance / Self-Amortizing Mortgage: Mortgage whose entire principal is paid off in a specified period of time with regular interest and principal payments. MORE

Fully Insured Plan

Business / Human Resources (HR) / Fully Insured Plan: A benefit plan where the employer contracts with another organization to assume financial responsibility for the enrollees’ medical claims and for all incurred administrative costs. MORE