CFR > Title 7 > Subtitle B > Chapter XVIII > Subchapter A > Part 1810 > Subpart A – Interest Rates, Amortization, Guarantee Fee, Annual Charge, and Fixed Period
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Terms Used In CFR > Title 7 > Subtitle B > Chapter XVIII > Subchapter A > Part 1810 > Subpart A - Interest Rates, Amortization, Guarantee Fee, Annual Charge, and Fixed Period
- 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
- Jurisdiction: (1) The legal authority of a court to hear and decide a case. Concurrent jurisdiction exists when two courts have simultaneous responsibility for the same case. (2) The geographic area over which the court has authority to decide cases.