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Zero Interest Loan

A loan for which a borrower is not required to pay any interest. However, a borrower will have to repay...

No-Interest Loan

A loan for which a borrower is not required to pay any interest. However, a borrower will have to repay...

Interest-Free Loan

A loan for which a borrower is not required to pay any interest. However, a borrower will have to repay...

IFL

It stands for inverse floating rate tranche; a tranche that is created from the collateral tranche (in a CMO structure),...