What is the definition of Waterfall payment? | Dictionary.net

WATERFALL PAYMENT

\wˈɔːtəfˌɔːl pˈe͡ɪmənt], \wˈɔːtəfˌɔːl pˈe‍ɪmənt], \w_ˈɔː_t_ə_f_ˌɔː_l p_ˈeɪ_m_ə_n_t]\

Definitions of WATERFALL PAYMENT

1910 - Black's Law Dictionary (2nd edition)

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Loan repayment established by a debtor organization organizing payment sin levels of size and loan expense.

1910 - Black's Law Dictionary (2nd edition)
By Henry Campbell Black

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