graduated payment
Definition
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.
Cite this definition
'graduated payment
' appears in the definitions of these other terms on BusinessDictionary.com
negative amortization, graduated payments loan
Related Research Articles from the InvestorGuide.com University
Credit ReportsExplains the concept of a credit report, and describes information found on a credit report, including identifying information, credit information, public record information, and inquiries.
Credit CardsLearn how credit cards, despite the convenient and useful way to pay for products and services, also encourages excessive spending that lead to debt accumulation and high interest rates on the money owed. Understand why the use of credit cards is recommended only for those who intend to pay off the balance each month, and consider the types of credit cards carefully.
BankruptcyMore than a million Americans declared bankruptcy last year, and that number continues to rise. Learn everything you needed to know about bankruptcy, including the different types: Chapter 7, Chapter 11, and Chapter 13.
Featured Sponsor
|