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

Additional Related Terms: 52-week low, Allowance for depreciation, Amortization, Adjustable rate, Accrual of discount, Amortization of premium, At par, All or any part, At best, At call