Straight (Term) Loan

Business / Real Estate / Straight (Term) Loan: A loan in which only interest is paid during the term of the loan, with the entire principal amount due with the final interest payment.

Other Words for Loan

Loan Verb Synonyms: advance, allowance, credit, accommodation
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Other Words for Straight

Straight Adjective Synonyms: direct, unbending, undeviating, uncurved, regular, linear
Straight Verb Synonyms: even, square, true, right, flat, smooth, horizontal, level
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Purpose Loan

Business / Finance / Purpose Loan: A loan that is backed by securities and that is used to buy other securities under certain government regulations. MORE

Recourse Loan Program

Business / Agriculture / Recourse Loan Program: Under the FAIR Act of 1996, recourse loans are available to producers of high moisture corn and seed cotton, dairy processors, and sugar processors. The commodity is pledged as security, but in contra MORE

Reduction-Option Loan (ROL)

Business / Finance / Reduction-Option Loan (ROL): A hybrid of a fixed-rate and adjustable-rate mortgage. An ROL the borrower to match the current mortgage rate, which then becomes fixed for the rest of the term. This reduction is usually allowed if r MORE

Rescheduled Loans

Business / Finance / Rescheduled Loans: Bank loans that are usually altered to have longer maturities in order to assist the borrower in making the necessary repayments. MORE

Purchase Money Loan

Business / Loan / Purchase Money Loan: A loan for the purpose of purchasing a home. MORE

Purchase Loan

Business / Finance / Purchase Loan: A consumer loan taken to finance a purchase. MORE

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