Kicker

Definition

• Term describing any benefit to a lender above ordinary fixed-interest payments. It may be an equity position in a property or a percentage participation in the income stream.

Synonyms
condition of agreement, provision, feature

Related Terms and Acronyms

• Conditional Commitment — Definition,
  • A promise by a lender to make a loan if the borrower meets certain requirements.
• Contract — Definition,
  • An agreement between two or more parties that can be enforced by law.
• Lender — Definition,
  • The bank or mortgage company offering the loan.