§ 39.96.010 Findings and declaration
§ 39.96.020 Definitions
§ 39.96.030 Payment agreements authorized — Conditions
§ 39.96.040 Terms and conditions
§ 39.96.050 Payments — Credit enhancements
§ 39.96.060 Calculations regarding payment of obligations — Status of payments
§ 39.96.080 Authority cumulative
§ 39.96.900 Liberal construction — 1993 c 273
§ 39.96.903 Effective date — 1993 c 273
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Terms Used In Washington Code > Chapter 39.96 - Payment agreements

  • Guarantor: A party who agrees to be responsible for the payment of another party's debts should that party default. Source: OCC
  • Interest rate: The amount paid by a borrower to a lender in exchange for the use of the lender's money for a certain period of time. Interest is paid on loans or on debt instruments, such as notes or bonds, either at regular intervals or as part of a lump sum payment when the issue matures. Source: OCC
  • Lease: A contract transferring the use of property or occupancy of land, space, structures, or equipment in consideration of a payment (e.g., rent). Source: OCC
  • Obligation: An order placed, contract awarded, service received, or similar transaction during a given period that will require payments during the same or a future period.