payoff


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payoff

The amount necessary to pay a loan in full,with all accrued interest and fees and the prepayment penalty, if applicable. Payoff figures are usually provided to a closing company as correct on a given day.If closing is delayed,the lender has also provided a per diem charge to increase the payoff for every day of delay.

References in periodicals archive ?
Payoff investors include digitally native financial technology investment firm Anthemis Group, Chinese internet company Tencent, Mohamed El-Erian, former PIMCO chief executive, and Joe Saunders, former Visa chief executive.
Secrecy surrounds chief exec pay-off RECENT articles in the press have highlighted the scandal of excessive remuneration and payoffs for senior council officers.
The longer payoff time of the combed process originates from the higher initial investment compared to the carded process.
Also observe that there are homeowners who would get a higher payoff from defaulting even when offered A.
Keywords Strategic performance, Payoff differentials, Shading incentives, Team coordination
Payoff employees consider themselves members of Team Payoff, where they get to collaborate and innovate in building next-generation consumer financial services.
Cox, Sadiraj and Schmidt (Elx-CEN Working Paper, 2011-7), hereafter CSS (2011), designed an experiment to systematically explore the theoretical and empirical properties of seven alternative payoff mechanisms.
These massive payoffs are clearly part of a culture across Whitehall and the public sector, but they are so far divorced from the reality faced by my constituents.
PUBLIC spending watchdogs are set to investigate the huge payoffs given to staff leaving the BBC.
Trepp said the comparison of the payoff percent by balance versus by loan count represents another turn.
The experiment protocol uses a double-blind payoff procedure in which neither the other subjects nor the experimenters can identify the individual who has made any specific decision.
Since the average payoff is not affected, the Sharpe ratio of the portfolio doubles relative to the average Sharpe ratio of individual carry trades.