FOLIO Ontology

Identification

IRI:
https://folio.openlegalstandard.org/R7ncIl72DDP9vuJh1lYbAMZ
Label Fixed Rate Interest Payment
Preferred Label Constant Rate Interest Payment
Identifier N/A
Alternative Labels

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Definition

A Fixed Rate Interest Payment is a type of interest payment structure where the interest rate remains constant throughout the life of the debt instrument. Under this arrangement, the borrower pays a predetermined interest rate at regular intervals, typically annually or semi-annually, which is established at the time of issuance and does not change regardless of market fluctuations.

Class Relationships

Sub Class Of

Is Defined By

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See Also

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Parent Class Of 0

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Class Hierarchy Visualization

Interactive graph showing class relationships - click on any node to navigate to that class

Additional Information

Metadata

Comment

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Description

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Notes

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Editorial Information

History Note

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Editorial Note

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Deprecated

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Source and Origin

No source or origin information available