Interest Payment With Principal

From Open Risk Manual

Definition

Interest Payment With Principal. A payment of a portion of the principal of an interest bearing asset, in addition to the interest payment.

SWIFT = PRII


Disclaimer

This entry annotates a FIBO Ontology Class. FIBO is a trademark and the FIBO Ontology is copyright of the EDM Council, released under the MIT Open Source License. There is no guarantee that the content of this page will remain aligned with, or correctly interprets, the concepts covered by the FIBO ontology.