Amount Financed

(redirected from Financed Amount)

Amount Financed

The amount a borrower receives from a lender. The amount financed is usually equal to the principal less any finance charges, such as an application fee or down payment.
References in periodicals archive ?
The program also has several advantages, such as a long-term repayment period, in addition to granting enterprises the freedom to use the financed amount for investment and development or local and international expansion, including export and diversification of products and activities related to business, as per Reuters.
The program also has several advantages, such as a long term repayment period, in addition to granting enterprises the freedom to use the financed amount for investment and development or local and international expansion, including export and diversification of products and activities related to business.
As part of the agreement, Tamkeen contributes to financing 100 per cent of the profit cost on behalf of the beneficiary enterprise who would be entitled to an additional subsidy of a maximum of 25 per cent discount on the principal of the financed amount if the amount is repaid within a shorter time period.

Full browser ?