amount financed

amount financed definition - business

amount financed

The amount of funds that are actually advanced to a borrower. Prepaid finance charges are subtracted from the loan's principal in determining the amount financed.

The American Heritage® Dictionary of Business Terms Copyright © 2009 by Houghton Mifflin Harcourt Publishing Company. Published by Houghton Mifflin Harcourt Publishing Company. All rights reserved.

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