Super Finance Glossary
Over 10,000 financial glossary terms...
Random Glossary Terms
US Treasury bond: US government debt with a maturity of more than 10 years.
Financial planner: An investment professional who assists individuals with long- and short-term financial goals.
Negative amortization: A loan repayment schedule in which the outstanding principal balance of the loan increases, rather than amortizing, because the scheduled monthly payments do not cover the full amount required to amortize the loan. The unpaid interest is added to the outstanding principal, to be repaid later.
Discount Interest: Interest at a beginning of the loan. For example if you take out a one-year loan of $100 at a discount interest rate of 10%, you would receive $90 at the outset.
Late charge: A fee a credit grantor charges a borrower for a late payment.