Examples of Discount Loan in a sentence

While pressing the accelerator pedal or shortly following the release to override cruise control, briefly moving the thumbwheel toward SET/− will result in cruise control set to the current vehicle speed.
Mortgage Insurance Premium – If the calculated amount of the Developer Discount Loan is not greater than 20% of the Fair Market Value of the property, the Housing Department will establish a market rate Private Mortgage Insurance (PMI) premium corresponding to the rates published by the Federal Housing Administration (FHA).
The Bank obtained credit from the Central Bank within the framework of the Short Term Export Receivables Discount Loan and Rediscount Loan programs amounting to TL 19,240,986 thousand as at 30 June 2014.
Discount Loan Program – This fund is available in conjunction with Windom Park’s Revolving Loan Program – helping to buy down the interest rates of other loans offered through the state of Minnesota.
The Bank obtained credit from the Central Bank within the framework of the Short Term Export Receivables Discount Loan and Rediscount Loan programmes amounting to TL 42.0 million as at 31 December 2017.

More Definitions of Discount Loan

Discount Loan means any Collateral Loan that is acquired by the Borrower for a purchase price paid by the Borrower to the seller of such Collateral Loan of less than 95% of the principal balance of such Collateral Loan.

Discount Loan means any Collateral Loan that is acquired by the Borrower for a purchase price paid by the Borrower to the seller of such Collateral Loan of less than 90% of the principal balance of such Collateral Loan.

Discount Loan means any Collateral Loan that is acquired by the Borrower for a purchase price paid by the Borrower to the seller of such Collateral Loan of less than 80% of the principal balance of such Collateral Loan; provided that such Collateral Loan shall cease to be a Discount Loan at such time as the Market Value (expressed as a percentage of the par amount of such Collateral Loan) determined for such Collateral Loan on each day during any period of 30 consecutive days since the acquisition by the Borrower of such Collateral Loan, equals or exceeds 90.0% on each such day (as determined at the close of business of each such day).

Discount Loan. Any Loan that has an Assigned Value of less than 85% as of the Cut-Off Date.

Discount Loan. Any Mortgage Loan in Group II with a Net Rate less than 6.00% per annum.

Discount Loan means any Loan having a purchase price of less than 90% of the outstanding principal amount of such Loan.