homedirectoryforumglossary
A - B - C - D - E - F - G - H - I - J - K - L - M - N - O - P - Q - R - S - T - U - V - W - X - Y - Z - Main Page

categories


  • Selection from Glossary

    • Current Account Mortgage
      A current account mortgage is a flexible mortgage that has a current account attached to it. The balance in the current account is offset against the outstanding mortgage amount when calculating the interest, which is done on a daily basis.

The Finance Section Glossary

Currently viewing the definition of: Gross Settlement
 
 
 Regarding an interest rate swap, whereby the two 'swapped' payments are made gross rather than netted off. 
 

latest popular topics

Investing

Property

Mortgages

Savings

Buy the Best

Watch the Pennies