Home > Glossary > Payment Shock
Meaning / Definition of
Payment Shock
Categories: Loan and Mortgage, Credit and Debt,
A very large increase in the payment on an ARM that may surprise the borrower. Also used to refer to a large difference between the rent being paid by a first-time home buyer, and the monthly housing expense on the purchased home.
Featured term of the day
Definition / Meaning of
Prohibited Transactions
Categories: Insurance,
removed
Most popular terms
1. Contingent Commission2. Corridor Self-insured Retention
3. Risk Manager
4. Use In Commerce
5. Relative Strength
6. Subprime Loans
7. Home Equity
8. SIMPLE
9. Separate Account Fund
10. Roth 401(k)
Search a term
Browse by alphabet
A | B | C | D | E | F | G |
H | I | J | K | L | M | N |
O | P | Q | R | S | T | U |
V | W | X | Y | Z | # |
Browse by category
AccountingBanking
Bankruptcy Assistance
Bonds and Treasuries
Brokerages
Business and Management
Compliance and Governance
Credit and Debt
E-commerce
Economics
Estate Planning
Forex
Fraud
Fundamental Analysis
Futures
Global
Insurance
International Trade
Investing and Trading
Ipos
Legal
Loan and Mortgage
Mergers and Acquisitions
Mutual Funds
Operation and Production
Options
Patent
Personnel Management
Real Estate
Retirement and Pension
Statistics and Risk Management
Stocks
Strategies
Tax
Technical Analysis
Venture Capital