GPM in Business Word Meaning
The GPM meaning in Business Word terms is "Graduated Payment Mortgage". There are 1 related meanings of the GPM Business Word abbreviation.
GPM on Business Word Full Forms
- Graduated Payment Mortgage A fixed-rate, fixed-schedule loan. It starts with lower payments than a level payment loan; payments rise annually, with the entire increase being used to reduce the outstanding balance. The increase in payments may enable the borrower to pay off a 30-year loan in 15 to 20 years, or less.
Frequently Asked Questions (FAQ)
What does GPM stand for Business Word?
GPM stands for Graduated Payment Mortgage in Business Word terms.
What is the shortened form of Graduated Payment Mortgage in Business Word?
The short form of "Graduated Payment Mortgage" is GPM for Business Word.
Citation
GPM in Business Word. Acronym24.com. (2022, February 20). Retrieved December 23, 2024 from https://acronym24.com/gpm-meaning-in-business-word/
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