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Informed consent is based on:
Market Rate
Market rate, or market interest rate, refers to the prevailing rate of interest that borrowers and lenders can expect to transact at, in the wider market.
Effective-interest Amortization
A method of calculating the amortized cost of a bond or loan by applying the effective interest rate to the outstanding balance.
Interest Payment
The payment made to a lender by a borrower in return for the use of borrowed money, typically represent a fixed percentage of the principal.
Book Value
The net value of a company's assets, calculated as total assets minus intangible assets (patents, goodwill) and liabilities.
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