Base Interest
Contractually stated fixed or floating rates in a participating loan (REIS)
Contractually stated fixed or floating rates in a participating loan (REIS)
A short term loan used as interim financing, pending the arrangement of larger or longer-term financing
An interest hedging instrument that provides for maximum increases allowed in interest rates, payments, maturity extensions and negative amortization on reset dates.
Provisions within nonrecourse commercial real estate loans where the borrower may become personally liable in the event of certain egregious acts (e.g. fraud). Recently, lenders ha ...
Any loan where the proceeds are used to finance construction of some kind. In the United States Financial Services industry, however, a construction loan is a more specific type of ...
A percentage of property net income or cash flow after debt service in a participating loan.
An existing condition, situation, or set of circumstances involving uncertainty as to possible outcome (such as Guarantees and/or Carve-Outs) to an enterprise that will ultimately ...
The base or minimum interest rate paid exclusive of amounts payable as a result of the participation feature.
The nominal principal of a loan exclusive of amounts payable as a result of any participation feature.
Additional collateral, insurance, or third party guarantee required by the borrower generally in exchange for a lower interest rate or cost of capital.