... thus would rather apply prepayments in the inverse order of maturity.
Inverse order of maturity means that if you make an extra loan payment, it gets applied to the final payment that would be due at maturity. In other words, you can't ...
Inverse Order of Maturity definition - What does Inverse Order of Maturity mean? When payments are received from borrowers that are larger than the authorized ...
financial-dictionary.thefreedictionary.com
of periodic repayment schedules, beginning from the end, expected maturity.
The words "priority in direct order of maturity" or similar words shall be construed ... hereby secured have priority amongst themselves in the inverse order of their ...
... of principal due in respect of outstanding Term B Loans under Section 2.09 in direct order of maturity up to but not including the first scheduled installment due ...
column, lists the content of the selected column in direct/inverse alphabetical order.
or the “inverse order of maturity.” The order-of-maturity
Definition Inverse Order Of Maturity, It is overpayment of loan by borrowers that are larger than the authorized repayment schedules the overpayment is credited ...
... (“Debtor”) unconditionally promises to pay to the order of SOVEREIGN BANK, ... balance hereof may be made in either direct or inverse order of maturity.