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  2. Original issue discount - Wikipedia

    en.wikipedia.org/wiki/Original_issue_discount

    Original Issue Discount ( OID) is a type of interest that is not payable as it accrues. OID is normally created when a debt, usually a bond, is issued at a discount. In effect, selling a bond at a discount converts stated principal into a return on investment, or interest. The accurate determination of principal and interest is necessary in ...

  3. Lockbox (accounts receivable) - Wikipedia

    en.wikipedia.org/wiki/Lockbox_(accounts_receivable)

    General. In general, a lockbox is a post-office box (PO box) that is accessible by a bank. A company may set up a lockbox service with its bank for receiving customers' payments. The company's customers send their payments to the PO box. Then the bank collects and processes these payments directly and deposits them to the company's account.

  4. Balloon payment mortgage - Wikipedia

    en.wikipedia.org/wiki/Balloon_payment_mortgage

    A balloon payment mortgage is a mortgage that does not fully amortize over the term of the note, thus leaving a balance due at maturity. [1] The final payment is called a balloon payment because of its large size. [2] Balloon payment mortgages are more common in commercial real estate than in residential real estate today due to the prevalence ...

  5. Online coupons: print, buy, and swap - AOL

    www.aol.com/news/2010-01-21-online-coupons-print...

    I read in a news story weeks ago that people get 90% of their coupons from the newspaper, which is crazy because there are SO MANY COUPONS ONLINE. If it sounds like I'm shouting it's because I am.

  6. Amortizing loan - Wikipedia

    en.wikipedia.org/wiki/Amortizing_loan

    Amortizing loan. In banking and finance, an amortizing loan is a loan where the principal of the loan is paid down over the life of the loan (that is, amortized) according to an amortization schedule, typically through equal payments. Similarly, an amortizing bond is a bond that repays part of the principal ( face value) along with the coupon ...

  7. Coupon (finance) - Wikipedia

    en.wikipedia.org/wiki/Coupon_(finance)

    In finance, a coupon is the interest payment received by a bondholder from the date of issuance until the date of maturity of a bond . Coupons are normally described in terms of the "coupon rate", which is calculated by adding the sum of coupons paid per year and dividing it by the bond's face value. For example, if a bond has a face value of ...

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