Level pay

Level pay

Scheduling principal and interest payments (P&I) due under a mortgage so that total monthly payment of P&I is the same. Different from the typical mortgage for which the principal payment component of the monthly payment becomes gradually greater while the monthly interest component shrinks.
References in periodicals archive ?
1) Supply and management of civil parking enforcement officers and associated vehicles, uniform and hardware, first level pay and display machine maintenance (e.g.
The P30,531-entry level pay for nurses will, however, still be about P10,000 lesser than the P40,000-entry level pay for the country's uniformed services in the current Duterte administration.
Some public sector workers are also likely to have above-inflation level pay rises of 6.5% this year.
Its entry level pay will go up from PS8.45 to PS8.75 per hour outside of London and PS9.75 to PS10.20 within the M25.
The program helps ACA exchange plan users with family income under 250 percent of the federal poverty level pay their deductibles, coinsurance amounts and co-payments.
Once hospitals become autonomous, supposedly the priority of the health minister, and have to stay within budget, the union would not be able to push for such an unreasonable increase in entry level pay.
"Coupled with years of real-terms pay decline during a period of pay freezes and sub-inflation level pay awards, it is understandable that teachers are now looking for a fairer deal from their employers and the Scottish Government."
Regal Hawk can make her first try at this level pay in the 32Red.com Handicap.
Edinburgh Knight has been struggling to trouble the judge in Group Two company recently but can make the drop back to Listed level pay in the Dubai Duty Free Cup.
"This shows a clear need for an urgent comprehensive review of all top level pay across the public sector before any proposed cuts target the lowest paid at the expense of top earners."
This paper responds to a request asking for information on which of the 50 states may currently have or have had in the past, a school level pay for performance/merit pay evaluation/accountability program.