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 ?
Planting and Absolute Payoff (congruity between expectation and outcome),
If H is very close to M, the strong type's expected payoff is close to zero when standing alone, as his advantage over the other players is only very small.
As a consequence, if agents want to get a payoff as high as possible, they should avoid derivatively dominated strategies.
Payoff has raised more than USD 600m in combined equity and debt capital since inception.
Besides being inept, our city's Labour administration is also secretive when it comes to spending tax payers' money on these payoffs.
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.
Labour leadership hopeful Owen Smith said: "It beggars belief that the Tories are taking these bumper payoffs at the same time they are forcing through cuts on to low-paid working families of thousands of pounds a year.
As a result, the lender's payoff from renegotiating, P - F - [rho]A, would be strictly less than her payoff from not doing so, P - F.
In particular, the intensity of shading applied by the DMs will be endogenously determined by the relative payoffs received, which allows to account for different scenarios, where relative payoff differentials among DMs determine the outcome of the project.
Some aspects of the original task were modified in order to clarify which cues were irrelevant in terms of their outcomes and which cues produced a payoff.
The player who allocates more resources on the battlefield i (1 [less than or equal to] i [less than or equal to] n) wins that battle and its associated payoff. Both players seek to maximize the number of battles won.