![]() |
|
Financial Terms | |
Intercompany loan |
Information about financial, finance, business, accounting, payroll, inventory, investment, money, inventory control, stock trading, financial advisor, tax advisor, credit.
Main Page: money, financial advisor, accounting, inventory control, tax advisor, stock trading, finance, business, |
Definition of Intercompany loanIntercompany loanloan made by one unit of a corporation to another unit of the same corporation.
Related Terms:Back-to-back financingAn intercompany loan channeled through a bank. Back-to-back loanA loan in which two companies in separate countries borrow each other's currency for a Bridge LoanA short term loan to cover the immediate cash requirements until permanent financing is received. Broker loan rateRelated: Call money rate. Builder buydown loanA mortgage loan on newly developed property that the builder subsidizes during the Bullet loanA bank term loan that calls for no amortization. Commercial Business Loan (Credit Insurance)An agreement between a creditor and a borrower, where the creditor has loaned an amount to the borrower for business purposes. ![]() Dealer loanOvernight, collateralized loan made to a dealer financing his position by borrowing from a Demand LoanA loan which must be repaid in full on demand. Equivalent loanGiven the after-tax stream associated with a lease, the maximum amount of conventional Farm Improvement and Marketing Cooperatives Loans ActSee here Federal Home Loan BanksThe institutions that regulate and lend to savings and loan associations. The Fixed-rate loanA loan on which the rate paid by the borrower is fixed for the life of the loan. Fixed Rate Loanloan for a fixed period of time with a fixed interest rate for the life of the loan. Freddie Mac (Federal Home Loan Mortgage Corporation)A Congressionally chartered corporation that Intercompany transactionTransaction carried out between two units of the same corporation. ![]() Inventory loanA secured short-term loan to purchase inventory. The three basic forms are a blanket Jumbo loanloans of $1 billion or more. Or, loans that exceed the statutory size limit eligible for purchase or Loan amortization scheduleThe schedule for repaying the interest and principal on a loan. Loan CapitalBorrowed funds having a fixed interest rate. Loan CovenantsExpress stipulations included in loan agreements that are designed to monitor Loan syndicationGroup of banks sharing a loan. See: syndicate. Loan valueThe amount a policyholder may borrow against a whole life insurance policy at the interest rate Loans payableAmounts that have been loaned to the company and that it still owes. Multicurrency loansGive the borrower the possibility of drawing a loan in different currencies. Multifamily loansloans usually represented by conventional mortgages on multi-family rental apartments. Negative Loan Covenantsloan covenants designed to limit a corporate borrower's behavior Operating LoanA loan advanced under an operating line of credit. Parallel loanA process whereby two companies in different countries borrow each other's currency for a personal loanA lump sum that you borrow from a financial institution for a specified period of time. To repay the loan, you pay interest on the entire lump sum, and make payments on a scheduled basis. Positive Loan Covenantsloan covenants expressing minimum and maximum financial measures Project loan certificate (PLC)A primary program of Ginnie Mae for securitizing FHA-insured and coinsured Project loan securitiesSecurities backed by a variety of FHA-insured loan types - primarily multi-family Project loansUsually FHA-insured and HUD-guaranteed mortgages on multiple-family housing complexes, Savings and Loan associationNational- or state-chartered institution that accepts savings deposits and secured loan or line of creditA lump sum of funds (loan), or a revolving source of credit with a pre-established limit (line of credit), for which the customer must provide collateral. Self-liquidating loanloan to finance current assets, The sale of the current assets provides the cash to repay Term loanA bank loan, typically with a floating interest rate, for a specified amount that matures in between Term LoanA secured loan made to business concerns for a specific period (normally three to ten years). It is repaid with interest, usually with periodical payments. Transaction loanA loan extended by a bank for a specific purpose. In contrast, lines of credit and revolving Variable rate loanloan made at an interest rate that fluctuates based on a base interest rate such as the Related to : financial, finance, business, accounting, payroll, inventory, investment, money, inventory control, stock trading, financial advisor, tax advisor, credit. |