Meaning Outstanding Interest
What does Outstanding Interest mean? Here you find 4 meanings of the word Outstanding Interest. You can also add a definition of Outstanding Interest yourself
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Outstanding InterestThe outstanding interest on a loan is the accrued, but unpaid interest on the loan.
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Outstanding InterestInterest is a loan expense charged for the use of borrowed money. Interest is paid by a borrower to a lender. (Generally, a loan servicer collects payment for the lender.) The expense is calculated as a percentage of the unpaid principal amount of the loan. Outstanding interest is the dollar value of the accrued interest balance on a loan.
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Outstanding InterestIt means that the interest that are due but not paid
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Outstanding InterestThe amount of interest that has not yet capitalized (been added to your principal balance).
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