Accordion: Difference between revisions
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imported>Doug Williamson (Link with Accordion feature.) |
imported>Doug Williamson m (Layout.) |
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''Borrowings'' | ''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. | 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. | ||
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* [[Principal]] | * [[Principal]] | ||
* [[Trombone]] | * [[Trombone]] | ||
[[Category:Long_term_funding]] | |||
[[Category:Financial_products_and_markets]] | |||
Latest revision as of 19:19, 17 February 2019
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.
