Relationships
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Parents |
liability account |
An account for which a person is liable
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Children |
balloon loan | A long-term loan, often a mortgage, that has one large payment (the balloon payment) due upon maturity. Often done when refinancing or a major cash flow event is anticipated. |
| bank term loan | A bank loan terminating in one year or more. |
| bridge loan | Short-term financing which is expected to be paid back relatively quickly, such as by a subsequent longer-term loan. |
| broker loan | Money lent to Brokers by banks, for financing the underwriting of new issues, financing customer margin accounts, and other purposes. |
| callable loan | A loan that must repaid upon the lender's demand. |
| consolidation loan | The replacement of multiple loans with a single loan, often with a lower monthly payment and a longer repayment period. |
| day loan | A bank loan to a Broker for the purchase of securities pending delivery through clearing later the same day. |
| evergreen loan | A short-term loan which is continually renewed rather than repaid. |
| indexed loan | A loan in which payments change in response to changes in an index such as the Consumer Price Index. |
| interest only loan | A non-amortized loan in which interest is due at regular intervals until maturity, when the full principal on the loan is due. |
| piggybank loan | Two lenders participating in the same loan. |
| secured loan | |
| single payment loan | A loan whose principal is due in total with a single payment at maturity. |
| unsecured loan | |