interest period

interest period
USA
Period of time chosen by a borrower under a loan agreement over which the floating interest rate, such as LIBOR, is fixed. Typically the interest periods are one, two, three or six months.
Related terms

Practical Law Dictionary. Glossary of UK, US and international legal terms. . 2010.

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  • Interest period —   Period between interest start date and interest maturity date …   International financial encyclopaedia

  • interest period of the coupon of the Lithuanian Government security — Lietuvos Respublikos Vyriausybės vertybinio popieriaus atkarpos laikotarpis statusas Aprobuotas sritis vertybinių popierių apyvarta apibrėžtis Laikotarpis tarp dviejų gretimų Lietuvos Respublikos Vyriausybės vertybinio popieriaus atkarpos išmokų …   Lithuanian dictionary (lietuvių žodynas)

  • interest rate — n. The percentage used to calculate interest due on a loan. The Essential Law Dictionary. Sphinx Publishing, An imprint of Sourcebooks, Inc. Amy Hackney Blackwell. 2008. interest rate …   Law dictionary

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  • Interest rate cap and floor — Interest rate c An interest rate cap is a derivative in which the buyer receives payments at the end of each period in which the interest rate exceeds the agreed strike price. An example of a cap would be an agreement to receive a payment for… …   Wikipedia

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  • interest — in·ter·est / in trəst; in tə rəst, ˌrest/ n [probably alteration of earlier interesse, from Anglo French, from Medieval Latin, from Latin, to be between, make a difference, concern, from inter between, among + esse to be] 1: a right, title, claim …   Law dictionary

  • Interest —     Interest     † Catholic Encyclopedia ► Interest     Notion of interest     Interest is a value exacted or promised over and above the restitution of a borrowed capital.     ♦ Moratory interest, that is interest due as an indemnity or a… …   Catholic encyclopedia

  • period — pe‧ri‧od [ˈpɪəriəd ǁ ˈpɪr ] noun [countable] a particular length of time: • She has been taken on for a 6 month trial period. acˈcounting ˌperiod ACCOUNTING a period of time to which a particular payment is related for accounting or tax purposes …   Financial and business terms

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