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A balloon payment means that until that point the borrower has, essentially, only paid interest on the loan, and not the principal.
Deferred payment means the council will help to pay some people's care-home bills, recouping the costs after their house is sold while they are in a home or after their death.
Skirting the traditional 20% down payment means a mandatory additional expense: private mortgage insurance.
The Premier League parachute payment means clubs relegated in 2010 receive £48m over four years.
"Late payment means reduced profitability, knock-on late payments to suppliers, and reduced business growth," an FSB spokesman said.
In this case, your "housing payment" means not only your mortgage costs but your PITI (principal, interest, taxes and insurance).
Similar(44)
Consensus on the bailout payment meant the most difficult task for the meeting was squaring the differences between Greece's creditors.
The insurer notified the firm last month that its failure to make the payment meant that the insurer was technically insolvent and unable to pay $217 million to settle a civil fraud case in Arizona.
She can expect a London weighting of £3,000 (a payment meant to help recompense RCN staff for the additional costs of living in London) pushing her salary to more than £100,000, plus pension contributions.
The research, conducted by two housing industry groups, found that a built-in seven-week wait for tenants before they could receive their first payment meant that nearly everyone on the scheme goes straight into arrears.
The central charge that dogged Blatter – that in March 1997, when he was still secretary general, a $1m payment meant for Havelange crossed his desk and was returned to ISL – was confirmed.
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CEO of Professional Science Editing for Scientists @ prosciediting.com