POINTS Definition

Bookmark and Share

POINTS are additional fee paid to a lender. Points are generally stated as a percent of the total amount borrowed and are in essence prepaid interest. Points paid can be deducted over the life of the loan.

Learn new Accounting Terms

SQCS is Statement on Quality Control Standards.

CREDIT LINE is the maximum credit that a customer is allowed.

Suggest a Term

Enter Search Term

Enter a term, then click the entry you would like to view.