Cost-plus loan pricing: Difference between revisions
From ACT Wiki
Jump to navigationJump to search
imported>Doug Williamson (Link with Increased costs clause.) |
imported>Doug Williamson (Layout.) |
||
| Line 1: | Line 1: | ||
1. | |||
The interest rate on a loan expressed as a function of some publicly available cost-of-funds measure, such as LIBOR. | |||
2. | |||
The principle that borrowers should make good any increased costs or losses incurred by the lender. | |||
Revision as of 15:42, 11 May 2016
1.
The interest rate on a loan expressed as a function of some publicly available cost-of-funds measure, such as LIBOR.
2.
The principle that borrowers should make good any increased costs or losses incurred by the lender.
