Accordion: Difference between revisions
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imported>Doug Williamson (Remove surplus wording.) |
imported>Doug Williamson (Link with Accordion feature.) |
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== See also == | == See also == | ||
* [[Accordion feature]] | |||
* [[Loan agreement]] | * [[Loan agreement]] | ||
* [[Principal]] | * [[Principal]] | ||
* [[Trombone]] | * [[Trombone]] | ||
Revision as of 10:06, 13 September 2017
Borrowings
An accordion is a structure or feature in a loan agreement giving the borrower the option to increase the principal amount under the same terms, for example to fund future expansion.
