Terms over rate意思
"Terms over rate" is a term used in the context of interest rates and financial transactions, but it is not a standard financial term with a universally agreed-upon meaning. It could be interpreted in a few different ways depending on the context:
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Priority of Terms over Rate: This could mean that the terms of a loan or financial agreement are more important than the interest rate. For example, if a borrower is more concerned about the flexibility of repayment terms, loan duration, or other conditions rather than just getting the lowest interest rate.
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Focus on Terms rather than Rate: This could imply that the focus is on the conditions or terms of the agreement rather than just the numerical interest rate. For instance, a borrower might choose a loan with a slightly higher interest rate because it offers more favorable terms, such as a longer repayment period or fewer fees.
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Negotiation Priority: In the context of negotiating a loan or financial agreement, "terms over rate" could mean that the borrower or lender is prioritizing the negotiation of terms over the negotiation of the interest rate.
However, it's important to note that in standard financial terminology, we would typically see "terms" and "rate" discussed separately, with the terms referring to the conditions of the loan (such as the repayment schedule, prepayment penalties, etc.) and the rate referring to the cost of borrowing (interest rate).
If you encounter this phrase in a specific financial document or agreement, it would be best to look at the context to understand its precise meaning. If you're unsure, it's always a good idea to consult with a financial advisor or legal professional who can provide guidance based on the specific situation.