Adjustment Index - Law Dictionary Search Results
adjustment index
Matched in: Term adjustment index
treasury index
Matched in: Term treasury index
cost of funds index (cofi)
Matched in: Term cost of funds index (cofi)
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adjustable-rate mortgage (arm)
a fixed interest rate. During the life of the loan the interest rate will change based on the index rate. Also referred to as adjustable mortgage loans (AMLs) or variable-rate mortgages (VRMs). Source: U.S. Department of Housing … adjustable-rate mortgage (arm) a mortgage loan that does not have a fixed interest rate. During the life of the
mortgage
lower than that of a mortgage with a fixed rate but which is adjusted periodically according to an index (as the cost of funds to the lender) balloon mortgage : a mortgage having the interest paid periodically … the debtor's property "J. H. Williamson"] c : a loan secured by a mortgage [applied for a ] adjustable rate mortgage : a mortgage having an interest rate which is usually initially lower than that of a
note
time note in this entry floating rate note : a negotiable note that yields an indexed and periodically adjusted variable rate of interest called also floater hand note : a note for an obligation secured by a … on demand compare time note in this entry floating rate note : a negotiable note that yields an indexed and periodically adjusted variable rate of interest called also floater hand note : a note for an obligation
Hygrodeik
A form of hygrometer having wet and dry bulb thermometers with an adjustable index showing directly the percentage of moisture in the air etc
adjustment interval
Matched in: Term adjustment interval
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