Interestonly Mortgage Financial Glossary

What is it? You pay only the interest on your mortgage, but also put money into an investment scheme to pay off the whole mortgage at the end of its term.

Finance Term Definition Added By: Tristan

The Interestonly Mortgage definition has been viewed 1855 Time(s)!

Send To Friends!

If you'd like to send the Interestonly Mortgage definition to yourself or to your friends/colleagues, just enter the e-mail addresses in the boxes below -

We hope you now understand the meaning of Interestonly Mortgage. If you need any more information on this term, please don't hesitate to contact us.

Other Similar Finance Terms:

Financial Term Takeover is When one company approaches another company, making an offer to the latters shareholders, seeking to acquire their shares in sufficient quantities to take control. If the company that is being taken over is listed on the Stock Exchange, a strict protocol of rules and regulations exist to protect the interests of shareholders. A time limit is set for acceptance of the offer. If the company making the offer gets control of 90% or more of the shares, it has a legal right to acquire the remaining 10% of the shares at the offer price. A take-over bid may be friendly, recommended by the board of the company being taken over, or it may be hostile, rejected by the board with the company making the offer going direct to shareholders.

Financial Term Balloon Payment is A lump sum payment for the unpaid balance of the loan.

Financial Term Student Contribution is A quantitative estimate of the students ability to contribute to postsecondary expenses for a given year.

Financial Term Blue Chip Stocks is High-quality, common stock of well-known companies with extended records of earnings and dividends, well-respected management, and prospects for continued strong performance. Generally, these stocks are the choice of investors seeking long-term growth.

Financial Term Integrated Project is A new type of project in FP6 that comprises a coherent set of component actions which may vary in size and structure according to the tasks to be carried out, each dealing with different aspects of the research needed to achieve common overall objectives, and forming a coherent whole and implemented in close coordination