Extra payment as a reward for staying with a club, bank or company.
Example: At the end of the 5 year term, the bank paid its customers a loyalty bonus.
Found on
http://www.bbc.co.uk/skillswise/glossary/
Incentive based schemes for existing mortgage holders. Such as lower interest rates and discounted services. LTV The ratio of your mortgage to the market value of your property. Expressed as a percentage. For example, if you have a mortgage of £95,000 on a property worth £100,000, the loan to value is 95%.
Found on
http://www.encyclo.co.uk/local/20452
No exact match found.
