CFR > Title 7 > Subtitle B > Chapter XVII > Part 1737 > Subpart H – Feasibility Determination Procedures
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Other versions
§ 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