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Debt consolidation - Debt consolidation entails taking out one loan to pay off many others. This is often done to secure a lower interest rate, secure a fixed interest rate or for the convenience of servicing only one loan.
Zero interest rate policy - The zero interest rate policy (ZIRP) is a Keynesian macroeconomics scheme for economies exhibiting slow growth with a very low interest rate, such as contemporary Japan. The Keynesian (and neo-Keynesian) thesis is that these countries are in the so-called liquidity trap, an assessment with which neoclassical economics disagrees.
Odious debt - Odious debt, in international law, is debt that is incurred by a regime for purposes that do not serve the interest of the state. Such debts are thus considered by this doctrine to be personal debts of the regime that incurred them and not debts of the state.
Mezzanine fund - A typical mezzanine investment consists of a debt or debt-like instrument, paired with an equity “sweetener.” The equity component of the investment gives the mezzanine lender upside potential, while the debt component -- which generates steady interest payments and ranks senior to the company's common stock -- provides a ...
Independence Mortgage Inc. - Low interest rate loans, debt consolidation, first and second mortgages, good or bad credit, prior bankruptcy or foreclosures. Serving all of Ohio.
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