Topical Terminology > Actuarial Method
Actuarial Method
For Actuarial Method we have terms and definitions in 2 topics. The topics are Accounting and Auto Lease.
Actuarial Method (Accounting) 
means the method of allocating payments made on a debt between the amount financed and the finance or other charges where the payment is applied first to the accumulated finance or other charges and any remainder is subtracted fromor any deficiency is added to the unpaid balance of the amount financed.
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Actuarial Method (Auto Lease)
See Constant Yield method.
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