Wraparound loan

A technique which permits an existing Loan to be refinanced at an Interest rate between the original Loan rate and the currently prevailing Market rate.

Related Terms: 10 Finance, FIN, Interest, Interest rate, ITS, Loan, Market rate, Market, Permit, Rent

Other Related Pages: Category: Lending_and_Credit Starting With: W

Additional Related Terms: 10-Q, 10-K, Adjustable rate, Accrued interest, Accrued market discount, At par, All or any part, At best, At call, Adjustable rate preferred stock