CUMULATIVE EARNINGS Definition

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CUMULATIVE EARNINGS is the sum of all earnings over the time periods in question.

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WACC see Weighted Average Cost of Capital.

MINIMUM PAYMENT is the minimum amount that you must pay, e.g. usually monthly on a home equity loan or line of credit. In some payment agreements the minimum payment may be "interest only" (simple interest). In other loan agreements, the minimum payment may include principal and interest (amortized).

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