Interest you have earned or incurred that is yet to be paid or charged.
Additional Securities
An asset that guarantees the lender their loan until the loan is repaid in full. Usually the property is offered to secure the loan.
Additional Repayment
Extra funds paid into the loan in addition to the minimum monthly or weekly repayments. These extra funds reduce the term of the loan.
Adjustments
The process of allocating expenses, e.g. council rates, water rates, etc.
Click here to download the A - Z version of our dictionary.