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ONTOLOGY EXPLORER

ACTUS contract type - negative amortizer

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<https://spec.edmcouncil.org/fibo/ontology/ACTUS/ACTUSTaxonomy/ACTUSContractType-NegativeAmortizer>

プロパティと値

プロパティ値
source"https://www.actusfrf.org/taxonomy"
typeNamedIndividual
typeACTUSContractType
label"ACTUS contract type - negative amortizer"
definition"cashflow classifier that applies to contracts whose principal is paid fully at the initial exchange date and principal plus interest is repaid periodically in constant amounts until maturity, however, when resetting the rate, the total payment (principal plus interest remains constant) thus the maturity changes"
hasCoverageDescription"Special class of ARMs (adjustable rate mortgages), certain other loans, with payment caps."
hasDescription"Similar as ANN. However when resetting rate, total amount (interest plus principal) stay constant. MD shifts. Only variable rates."
hasTextualName"Negative Amortizer"
hasTextValue"NAM"
hasNarrowerEntryAlgorithmicContractCategory-FixedIncome

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