Stepped: Difference between revisions

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imported>Doug Williamson
(State which of the stepped basis and banded basis is more favourable for the customer.)
imported>Doug Williamson
(Link with Stepped interest and stepped margin pages.)
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Calculation of tiered interest at higher rates on larger balances, where the interest is calculated in increments on the balance that falls within that step only.
#Calculation of tiered interest at higher rates on larger balances, where the interest is calculated in increments on the balance that falls within that step only.
 
#Increasing a lending margin over time.
This is less favourable for the customer receiving credit interest, compared with a banded basis.






== See also ==
== See also ==
*[[Stepped interest]]
*[[Banded]]
*[[Banded]]
*[[Tiered]]
*[[Tiered]]
*[[Stepped margin]]


[[Category:Financial_management]]
[[Category:Financial_management]]
[[Category:Cash_management]]
[[Category:Cash_management]]
[[Category:Liquidity_management]]
[[Category:Liquidity_management]]

Revision as of 18:24, 6 April 2015

  1. Calculation of tiered interest at higher rates on larger balances, where the interest is calculated in increments on the balance that falls within that step only.
  2. Increasing a lending margin over time.


See also