Setup Menus in Admin Panel

Sharing the Knowledge!™

Finance Knowledge and Information

What does solely payments of principal and interest criterion mean?

SEARCHING
Suggestion/Report Error
solely payments of principal and interest criterion
Noun
IFRS


The contractual terms of a financial asset whose cash flows comprise solely payments of principal and interest on the principal amount outstanding on specified dates.

Synonym(s): 
  • SPPI criterion.
top
© 2015-2024 Pecunica LLC.  All rights reserved.
;