Reloading

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Reloading

The act or practice of borrowing money in order to pay off some other debt. Depending on the type of reload loan, this may be advantageous to the borrower as he/she may pay a lower interest rate and the interest may be tax-deductible. For example, credit card debt has a high interest rate and is not tax-deductible. Someone with a large amount of credit card debt may take out a home equity loan in order to pay off the credit card. In the long run, the borrower will pay less because home equity loans come with a lower interest rate and he/she may write off the interest. While they may be advantageous, it is possible to reload too much or too often, resulting in a greater amount of debt.
References in periodicals archive ?
Xoom's customer service is available to Mobile Reload senders 24 hours a day, 365 days a year, in English and Spanish.
Endo GIA[TM] 30 mm Reload - the only stapler designed specifically for use in situations where space is limited
We're waiting in the wings, waiting for them to be tenants on the property," says Giommi, but if circumstances dictated otherwise, he indicates the reload centre would proceed regardless.
To solve these problems, ESOP sponsors must carefully consider possible corrective action--including reloads, refinancings, grantor trusts (and even possible plan terminations) as well as tax and accounting changes--to arrive at a solution that best serves the company and participants, all while complying with ERISA and the IRC.
Covidien (NYSE: COV), a leading global provider of healthcare products, today announced the launch of the Endo GIA[TM] Radial Reload with Tri-Staple[TM] technology.
InComm's swipe reload solution has allowed millions of GPR cardholders to add funds to their accounts with a simple swipe of their card, delivering access to the funds.
Accounting issue: Should a plan with a reload stock option feature be accounted for as a fixed or variable plan?
Cardholders who reload prepaid accounts represent some of the most loyal and cost-effective card customers possible.
27, 2014 /PRNewswire/ -- Ethicon* announced today the launch of the ECHELON FLEX GST SYSTEM, a new powered stapler and reload system uniquely designed to provide a better grip on tissue for the least tissue slippage during firing.
When people reload, they get to use some of the metals over again, because the rest of it is expendable materials.
Several manufacturers offer starter kits with everything needed to reload except dies and a shellholder in one package, and some even offer instructions on a DVD.
Curved tip reload provides improved visualization and maneuverability during VATS lobectomies and other minimally invasive procedures