conventional interest


conventional interest
A charge, nmade pursuant to agreement between lender and borrower, by way of rental or compensation for the use of money. 30 Am J Rev ed Int § 2.

Ballentine's law dictionary. . 1998.

Look at other dictionaries:

  • conventional — con·ven·tion·al /kən ven chə nəl/ adj 1: based on, settled by, or formed by agreement: contractual compare judicial 2, legal 2c 2: of, like, or r …   Law dictionary

  • interest — The most general term that can be employed to denote a right, claim, title, or legal share in something. In its application to real estate or things real, it is frequently used in connection with the terms estate, right, and title. More… …   Black's law dictionary

  • interest — The most general term that can be employed to denote a right, claim, title, or legal share in something. In its application to real estate or things real, it is frequently used in connection with the terms estate, right, and title. More… …   Black's law dictionary

  • conventional — Depending on, or arising from, the mutual agreement of parties; as distinguished from legal, which means created by, or arising from, the act of the law. As to conventional estates conventional interest conventional mortgage conventional… …   Black's law dictionary

  • conventional — Depending on, or arising from, the mutual agreement of parties; as distinguished from legal, which means created by, or arising from, the act of the law. As to conventional estates conventional interest conventional mortgage conventional… …   Black's law dictionary

  • interest annually — See annual interest; at interest; compound interest; conventional interest; customary interest; discount; discretionary interest; Jewish interest; legal interest; legal rate of interest; marine interest; …   Ballentine's law dictionary

  • Conventional PCI — PCI Local Bus Three 5 volt 32 bit PCI expansion slots on a motherboard (PC bracket on left side) …   Wikipedia

  • Conventional Cash Flow — A series of inward and outward cash flows over time in which there is only one change in the cash flow direction. A conventional cash flow for a project or investment is typically structured as an initial outlay or outflow, followed by a number… …   Investment dictionary

  • Interest-only loan — An interest only loan is a loan in which for a set term the borrower pays only the interest on the principal balance, with the principal balance unchanged. At the end of the interest only term the borrower may enter an interest only mortgage, pay …   Wikipedia

  • conventional subrogation — A contract right of subrogation; subrogation founded upon some understanding or agreement, express or implied, and not arising merely from the equities of the situation. New York Ins. Co. v Tice, 159 Kan 176, 152 P 2d 836, 157 ALR 1233; a… …   Ballentine's law dictionary


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