§ 1737.70 Description of feasibility study
§ 1737.71 Interest rate to be considered for the purpose of assessing feasibility for loans

Terms Used In CFR > Title 7 > Subtitle B > Chapter XVII > Part 1737 > Subpart H - Feasibility Determination Procedures

  • Amortization: Paying off a loan by regular installments.
  • Assets: (1) The property comprising the estate of a deceased person, or (2) the property in a trust account.
  • Grantor: The person who establishes a trust and places property into it.
  • Interest rate: The amount paid by a borrower to a lender in exchange for the use of the lender's money for a certain period of time. Interest is paid on loans or on debt instruments, such as notes or bonds, either at regular intervals or as part of a lump sum payment when the issue matures. Source: OCC