T

Term

The Term of a loan is simply the length of time the loan is repaid over, usually specified in months. So a loan over 4 years would have a term of 48 months.

Treasury Bill Rate (T-bill Rate)

The rate paid by the government on its short-term borrowing. The rate is reset periodically. Treasury Bill rates are indexes used by variable-rate loan programs.

Term

Treasury Bill Rate (T-bill Rate)