Terms with Tag Loan
- No Payments/No Interest (NPNI) — Acronym,
- Non-Performing (NP) — Acronym, ➥ As in a note or mortgage loan.
- Non-Performing Loan (NPL) — Acronym,
- A mortgage loan that is in default or where the debtor is delinquent in making payments.
- Ontario Student Loan Plan (OSLP) — Acronym, Ottawa, Ontario, Canada,
- Owner Will Finance (OWF) — Acronym,
- Part-Time Canada Student Loan (PTCSL) — Acronym, Canada,
- Personal Homeowner Loan (PHL) — Acronym,
- Personal Line of Credit (PLC) — Acronym,
- Personal Loan Agreement (PLA) — Acronym, Important,
- When a small amount of money is involved, an IOU or signed promise may be written between parties stating the terms and timeframe needed to pay back a loan.
➥ See IOU. - Predatory Lending (PL) — Acronym, Important,
- Lending practices that are unfair, deceptive or fraudulent.
- Prime Lending Rate (PLR) — Acronym, Very Important,
- The rate of interest charged on loans by chartered banks to their most creditworthy customers.
➥ Bank of Canada's prime (best) lending rate. - Prime Term Lending Rate (PTLR) — Acronym,
- Principal and Interest (P&I, PI) — Acronym,
- Acronym for the elements of a mortgage payment: principal and interest.
- Principal, Interest and Taxes (PIT) — Acronym, Important,
- Principal, interest and taxes. The components of a monthly mortgage payment.
- Promissory Note (PN) — Acronym,
- A written promise to repay a loan by a specified time.
- Purchase Line of Credit (PLOC) — Acronym,
- Rapid Information Loan Operating System (RILOS) — Acronym,
- Redeemable Convertible Unsecured Loan Stocks (RCULS) — Acronym,
- Redeemable Unsecured Loan Stock (RULS) — Acronym,
- Remaining Interest-Only Period (RIOP) — Acronym,
- Repossess (REPO) — Acronym,
- Retail Prime Lending Rate (RPLR) — Acronym,
- Reverse Annuity Mortgage (RAM) — Acronym, Important,
- Revision of Terms (ROT) — Acronym,
- Revolving Line of Credit (RLOC) — Acronym,
- An agreement to lend a specific amount to a borrower, and to allow that amount to be borrowed again once it has been repaid. Most credit cards offer revolving credit.
- Risk Based Net Worth (RBNW) — Acronym,
- Risk-Based Pricing (RBP) — Acronym,
- Ruminant Slaughter Loan Loss Reserve Program (RSLLRP) — Acronym, Quebec, Canada, ➥ Program has been suspended due to exhausted funding and met objectives.
- Secured Line of Credit (SLC) — Acronym,
- Seller Finance Option (SFIN) — Acronym,
4.
No Payments/No Interest -
Owner Will Finance
Owner Will Finance
