ability to pay
Definition
A borrower's capability of meeting his/her current and future debt obligations.
 Cite this definition
Related Terms
economic risk
'ability to pay
' appears in the definitions of these terms on BusinessDictionary.comability to pay principle, ability to pay tax, benefit principle, dividend cover, gilt edged security, and 
Related Research Articles from the InvestorGuide.com University
Credit Fraud
Credit fraud is an increasingly serious problem, growing almost threefold in the past five years. Are you protected and do you know what to do if this happens to you? This article includes steps to prevent credit fraud, and how to deal with it if it does occur.
Introduction to Credit
Stresses the importance of credit and explains some basic concepts. Also gives suggestions and a five step process to help take control of your credit.
Credit Regulations
Information is being collected about your credit behavior and used by others to rate you. Learn what your rights are when it comes to credit laws. Understand the Fair Credit Reporting Act (FCRA), the Equal Credit Opportunity Act (ECOA), and the Fair Debt Collection Practices Act (FDCPA), and how they protect you.
Featured Sponsor
|
