Cost-plus loan pricing: Difference between revisions
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The interest rate on a loan expressed as a function of some publicly available cost-of-funds measure, such as LIBOR. | |||
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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.