If you fail to do so, or make a late payment, the credit card company may
assess deferred interest to your original balance.
Not exact matches
For a Fixed
Deferred Annuity or Universal Life policy, the Accumulation Value is equal to the Premium Payment plus
interest credited, less any partial withdrawals or surrender charges and Market Value Adjustment already
assessed.
Although this portion of the capital gain income tax liability will be recognized immediately, the IRS will allow you to
defer the actual payment of the income tax liabilities over the term of the note and will
assess interest on the
deferred income tax liability.