Meaning FINANCE CHARGE: The total cost of credit a customer must pay on a consumer loan, including interest
More terms such as Finance charge in Dictionary F.
- Definition Finite-Life Real Estate Investment Trust (FREIT):
- Examples A Real Estate Investment Trust whose priority is to sell its holdings within a specified period to realize capital gains finance charge definition.
- Definition FHA Prepayment Experience:
- Examples The percentage of loans in a pool of mortgages outstanding at the origination anniversary, based on annual statistical historic survival rates for FHA-insured mortgages finance charge explain.
- Definition Financial Guarantee Insurance:
- Examples Insurance created to cover losses from specified financial transactions finance charge what is.
- Definition Federal Agency Securities:
- Examples Securities issued by corporations and agencies created by the U.S. government, such as the Federal Home Loan Bank Board and Ginnie Mae finance charge meaning.
- Definition Floating-Rate Note (FRN):
- Examples Note whose interest payment varies with short-term interest rates finance charge abbreviation.
