Process of assessing interest to a loan and either having the interest paid before the loan is dispersed to the recipient or adding a percentage of the interest on each monthly payment on the loan. The latter is the most common method used. A loan recipient will typically receive a monthly loan statement that shows how much money went towards the interest on the loan and how much of the payment went towards the principal.
Related information about precompute:
- Precompute: Definition from Answers.com
in installment lending, methods of charging interest whereby the total amount of annual interest either is deducted from the face amount of the loan at.
- What is precompute? definition and meaning
Definition of precompute: Process of assessing interest to a loan and either having the interest paid before the loan is dispersed to the recipient or adding a ...
- precompute vs simple interest
PRECOMPUTED: A precomputed account is one in which the debt is expressed as a sum comprising the principal and the amount of the finance charge ...
- Using Precompute for Better Performance - SAS
The precompute configuration and pre-processing is a new capability for improved response in systems that have a high volume of dimensions, mappings, and ...
- Definition of precompute | Collins English Dictionary
Your search found: 1 precompute; 2 precompute; Usage examples; Trends ... precompute 1 (ˌpriːkəmˈpjuːt) ... precompute 2 (ˌpriːkəmˈpjuːt) ...
- precompute rank Option
Jul 17, 2006 ... Use the precompute rank server-level advanced option to improve the performance of FREETEXTTABLE queries that specify the ...
- precompute rank Server Configuration Option
This option is not implemented in SQL Server 2012. This is a breaking change. Modify applications that currently use this feature as soon as possible.
- POV-Ray: Documentation: 2.4.5 Parametric Object
precompute can speedup rendering of parametric surfaces. ... If you declare a parametric surface with the precompute keyword and then use it twice, all arrays ...