Interest reserve account
The account the borrowermay be required to maintain, principally used to establish a cash reserve which must be used for interest payment shortfalls under the loan.
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The account the borrowermay be required to maintain, principally used to establish a cash reserve which must be used for interest payment shortfalls under the loan.
Source: INREV | Date: 26 February 2020 | ID: D0698 | Version: 2