See Also: Constant Payment Loan(money)
retroact(dictionary)
Tight money or dear money(finance)
gas constant(medicine)
Constant(medicine)
constant(dictionary)
Permeability constant(medicine)
planck's constant(medicine)
Boltzmann constant(medicine)
flotation constant(medicine)

Constant Payment Loan (money) and retroact (iou)


Constant Payment Loan (money)


Definition: Loan on which equal periodic payments are made so as to pay off the Debt when the final payment is made.







retroact (iou)



retroact verb intrans. L18.
[from RETRO- + ACT verb.]
React. Also, operate in a backward direction or with retrospective effect.