The amount of money paid on a loan.
Related information about explicit interest:
- What is explicit interest? definition and meaning
Definition of explicit interest: The amount of money paid on a loan.
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In this example, there is no explicit interest cost. However, due to ... In effect the accountant must convert the implicit interest to explicit interest. This is done by ...
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explicit interest. The amount of money paid on a loan. Risk Warning: Trading foreign exchange on margin carries a high level of risk, and may not be suitable for ...
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How do you answer What are your interests and how you develop such interests ? I usually describe the period of history and type of militaria that I collect.
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Explicit Interest and Demand Deposit Service Charges. A Comment by Douglas W. Mitchell. 1. Introduction. In an interesting recent paper, Merris (1985) ...
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explicit interest payments will replace implicit interest in the form of subsidized check clearings for consumer transaction accounts particularly, after any initial ...
- Explicit and Implicit Demand Deposit Interest: Substitutes or - JStor
view explicit interest and implicit interest in the form of check-clearing services as substitutes . That is, we investigate the conditions under which an increase ...
- Implied vs. Implicit Interest Rate | Chron.com
Installment loans and other types of amortizing debt arrangements normally have explicit interest rates, which means that the loan contract includes either the ...