TERMIUM Plus®

The Government of Canada’s terminology and linguistic data bank.

equal principal repayment system [1 record]

Filter results by subject field Alphabetical list of terms

Filter results by subject field

Alphabetical list of terms

Record 1 1998-02-16

English

Subject field(s)
  • Loans
DEF

Loan repayment scheme whereby principal repayment remains the same over the period of the loan, regardless of interest payments. This means loan repayments are highest in the earlier years of the loan (when interest payments are higher). This scheme has been used by the Bank since 1975.

French

Domaine(s)
  • Prêts et emprunts

Spanish

Campo(s) temático(s)
  • Préstamos
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