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(Points are essentially interest paid up front, in a lump sum).
The caveat here, of course, is that in order to get those low rates, borrowers are paying points — essentially, interest paid up front, in a lump sum.
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Corporate bonds — essentially, interest-bearing i.o.u.'s that companies sell to whomever is willing to buy — have long been an essential borrowing tool for companies in the United States.
Prosecutors say the company also offered the health plan $3 million in discounts on Claritin Reditabs, a quick dissolving form of the medicine, as well as prepayments that were essentially interest-free loans and services at far below their market value.
SL Green, which beat out Vornado Realty Trust in the bidding for RA, is essentially interested in adding five prime Manhattan skyscrapers (the core of Reckson's widespread office portfolio) to its own collection of increasingly high-quality portfolio of Manhattan office assets.
I soon discovered that I was interested only in criminal law, which is essentially an interest in human nature rather than the law itself.
Because the cost of borrowing for banks to make additional loans is essentially the interest rate on the marginal standing facility, that rate tends to have a greater effect on the interest rates that banks charge customers for loans.
A zero-coupon bond is essentially an interest rate stream paid in a lump sum at maturity.
The natural rate is essentially the interest rate that would prevail in general equilibrium, and a market rate different from the natural rate is a disequilibrium interest rate.
Enron then sold the partnership an asset but often retained control of the asset and essentially made interest payments back to the partnership as part of the deal.
His view is that once the United States achieved its purpose of a Soviet defeat in Afghanistan, it essentially lost interest in the country.
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Justyna Jupowicz-Kozak
CEO of Professional Science Editing for Scientists @ prosciediting.com