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Graduated payment

A repayment condition in which payments gradually increase at a predetermined rate, usually through the use of negative Amortization. Intended for young people with low Current income but greater anticipated future income.

Related Terms: 7 Amortization, Current income, Inc., Low, Negative amortization, Rent, Term
Other Related Pages: Category: Lending_and_Credit Starting With: G
Semi Related Terms: 498 CLICK HERE TO VIEW
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