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What do you call loaning money for a fee?
Usury.
What is the meaning of a loan origination fee?
A loan origination fee is a term that describes a fee charged by the lender to pay for the costs of evaluating, preparing and submitting the proposed mortgage loan.
What term is defined as fee charged for the use of money?
It is interest payable, usually on agreed terms.
What is the term defined as a fee charged for the use of money?
The term defined as a fee charged for the use of money is "interest." Interest is typically expressed as a percentage of the principal amount and can be applied to loans, credit, and savings. It compensates lenders for the risk of lending money and the opportunity cost of not using the funds elsewhere. Interest can be simple or compound, depending on how it is calculated over time.
What is the fee charged to borrow money called?
The fee charged to borrow money is called interest.
What do you call loaning money for a fee?
Usury.
Which term is defined as a fee charged for the use of money?
interest
What is a term that refer to the fee a lender charges the borrower for lending money?
The fee is known as charging interest.
What is the meaning of a loan origination fee?
A loan origination fee is a term that describes a fee charged by the lender to pay for the costs of evaluating, preparing and submitting the proposed mortgage loan.
What term is defined by the combination of leased fee and fee simple ownership?
Fee simple ownership describes the absolute ownership of real property.A leased fee interest describes an ownership interest of a property that is under lease.A "combination" of those two concepts would result in the "leased fee" ownership description.
What term is defined as fee charged for the use of money?
It is interest payable, usually on agreed terms.
What is the fee for lending money called?
The fee for lending money can refer to each of these: 1. Points. This is a term often used in mortgage lending. 2. Interest. This is most used for the cost of an unpaid loan.
What is the term defined as a fee charged for the use of money?
The term defined as a fee charged for the use of money is "interest." Interest is typically expressed as a percentage of the principal amount and can be applied to loans, credit, and savings. It compensates lenders for the risk of lending money and the opportunity cost of not using the funds elsewhere. Interest can be simple or compound, depending on how it is calculated over time.
What is the term used for a specific sum of money paid out a specific interval?
What is the term used for a specific sum of money paid out at specific time Intervals ?Options : (A) Tax(B) Fee(C) Charity(D) Installment
What does no foal no return mean?
It means that if your mare does not get in foal or does not carry the foal to full term, then you don't get your money back for the stud fee.
What is the fee charged to borrow money called?
The fee charged to borrow money is called interest.
What is the term used for a specific sum of money paid out at specific time Intervals?
What is the term used for a specific sum of money paid out at specific time Intervals ?Options : (A) Tax(B) Fee(C) Charity(D) Installment
