Stepped

From ACT Wiki
Revision as of 18:24, 6 April 2015 by imported>Doug Williamson (Link with Stepped interest and stepped margin pages.)
Jump to navigationJump to search
  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