Bridge Finance & Consulting
Glossary
Negative Amortization
An increase in the balance of a loan caused by adding unpaid interest to the loan
balance; this occurs when the payment does not cover the interest due.
Net Worth
The value of a company or individual's assets, including cash, less total liabilities.
Nonliquid Asset
An asset that cannot easily be converted into cash.
Note
A written promise to pay a specified amount under the agreed upon conditions.
Note Rate
The interest rate stated on a mortgage note, or other loan agreement.
Bridge Finance & Consulting
8517 Olive Blvd., St. Louis, MO 63132
Phone: (314)606-0924   Fax: (314)628-0520