Deferred Interest

Deferred Interest

Same as Negative Amortization.

References in classic literature ?
And yet--and here is the point, the custom, and the code--in the days of my prosperity, after the lapse of years, I have gone out of my way by many a long block to spend across Johnny Heinhold's bar deferred interest on the various loans.
Should MINT not call the notes on the call date in 2021 (non-call event), the guarantor is required to purchase the notes at a price that covers the principal amount, accrued interest, any deferred interest, and interest on interest deferred.
If the Holder elects to defer payment, interest shall also accrue on the deferred interest amount at 10% per annum until paid.
It is also important to note in addition to the outstanding deferred revenue balance, the Group also has a deferred interest income of EGP 247.4m."
Upon completion of the sale, Midatech is required to repay its outstanding loan to MidCap Financial of $7M plus early repayment fees and deferred interest. The remaining proceeds of the sale are expected to be approximately $4.5 M.
Eurozone finance ministers last week extended maturities and deferred interest payments on e1/496bn ($111.87bn) worth of Greek debt, about a third of the country's overall debt pile.
Many also come with deferred interest plans that don't charge customers as long as they pay off their balance in full within a given period.
"Store cards work on temptation," Brian Karimzad, an analyst at MagnifyMoney, told International Business Times, "they offer you a discount in the moment of a purchase, but grab you with high rates and, worse, deferred interest later on.
From our report at NLJ: "The American Bankers Association and Consumer Bankers Association disputed the notion that deferred interest products confuse consumers.
Before redeeming the TARP Preferred, the company will simultaneously pay nearly USD102m of accrued and unpaid dividends, and nearly USD31m of deferred interest on nine series of trust preferred securities issued by trusts controlled by the company.
Before redeeming the TARP preferred, which requires that the company simultaneously pay approximately USD102 million of accrued and unpaid dividends, the company will pay approximately USD31 million of deferred interest on nine series of trust preferred securities issued by trusts controlled by the company.
With that in mind, CardHub has released Its 2015 Deferred Interest Report in order to shed some light on the dark side of holiday financing, which can end up costing consumers over 27 times more than they expected to pay.