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Base Interest Rate

The interest rate which is set and used by banks and financial institutions as a basis for determining their lending...

NPL

It stands for non-performing loan; a loan that carries a very high risk of default (100% probability of default), with...

Non-Performing Loan

A loan that carries a very high risk of default (100% probability of default), with the worst credit grade on...

Overnight Interbank Loan

An interbank loan that is extended over a short-term and for an interest rate quoted for overnight lending. It is...

LVR

Loan to value ratio; a ratio that relates the amount borrowed (a loan amount) to the value of the asset...

LTV Ratio

Loan to value ratio; a ratio that relates the amount borrowed (a loan amount) to the value of the asset...

Loan-To-Value Ratio

A ratio that relates the amount borrowed (a loan amount) to the value of the asset used as collateral. It...

Prime Lending Rate

The short-term interest rate that is charged by banks to their most creditworthy, financially sound customers, i.e. customers who have...

Escrow Account

An account that is established by a lender or an intermediary bank to hold separate funds for the purpose of...

Base Rate

The interest rate which is set and used by banks and financial institutions as a basis for determining their lending...