Interest Due - Law Dictionary Search Results
coupon
coupon [French, from Old French, piece, from couper to cut] : a statement of due interest to be cut from a debt instrument and esp. a bearer bond when payable and presented for payment
accrue
the process of time whether as an increase or a decrease [the accruing of taxes] [allowing the receivable interest to ] vt 1 : to accumulate or have due after a period of time [authorized by law
Present value
date on which this is to be paid thus interest being at 6 the present value of 106 due one year hence is 100 … The principal which drawing interest at a given rate will amount to the given sum at the date on which this is to
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accelerate
of the debt in full is due immediately see also acceleration clause b : to cause (a future interest in property) to vest by removing the preceding interests (as by failure or premature termination) vi : to
Passive debt
which interest is payable. In this sense, the term 'active' and 'passive' were long applied to certain debts due from the Spanish Government Distinguish from 'Actif' (assets) to 'Passif' (liabilities) (Fr. law.) … Passive debt, a debt upon which, by or without agreement between the debtor and creditor, no interest is payable, as distinguished from active debt, i.e., a debt upon which interest is payable. In this sense,
creditor
compare debtor, obligor general creditor : a creditor who is not secured by a lien or other security interest called also unsecured creditor judgment creditor : a creditor who has a money judgment entered against the debtor … a person to whom a debt is owed ;esp : a person to whom money or goods are due compare debtor, obligor general creditor : a creditor who is not secured by a lien or other security
Michavaram
or both payable periodically under the contract of tenancy to the jenmi after deducting from the pattom the interest due on the kanam amount and purankadam, if any, Cochin Devaswom Board v. Vamana Setti, AIR 1966 SC 1980
Kalendarium
(1) A book of accounts in which a money-lender recorded the names of debtors and the principal and interest due (2) A written register of births, recorded daily. Black's Law Dictionary, 7th Edn., p. 873.
charge-off
charge-off the portion of principal and interest due on a loan that is written off when deemed to be uncollectible. Source: U.S. Department of Housing and
Bonded labour system
ascendants or descendants (whether or not such advance is evidenced by any document) and in consideration of the interest, if any, due on such advance, or (ii) in pursuance of any customary or social obligation, or (iii)
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