Home
E-Mail
Latest

Stepup Or Stepdown Financial Glossary

What is it? A feature of a lease that contains a payment stream that either increases (step-up) or decreases (step-down) in amount over the term of the lease.

Finance Term Definition Added By: Sam

The Stepup Or Stepdown definition has been viewed 3316 Time(s)!




Send To Friends!

If you'd like to send the Stepup Or Stepdown 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 Stepup Or Stepdown. If you need any more information on this term, please don't hesitate to contact us.

Other Similar Finance Terms:

Financial Term Indexed Rate is The sum of the published index, plus the margin, in an adjustable rate mortgage.

Financial Term Beneficiary is The person or party entitled to receive the benefits, or proceeds, of the life insurance policy upon the death of the insured person.

Financial Term Bond is Long-Term IOU whereby the holder (lender or buyer) is promised to receive fixed payments over a pre-specified time period. Corporate bonds are one of the available instruments that companies can resort to for their financing needs.

Financial Term Prospectus is The document, issued at the time of the initial issue of shares to the public, which explains all aspects of a companys business, including financial results, growth strategy, and risk factors.

Financial Term Tuition Payment Plans is A strategy by which payment for present costs of postsecondary education is extended into a future period of time.