What is Quitação total?
In this glossary, Quitação total refers to: The complete repayment of an outstanding loan balance, including principal, interest, and any accrued charges, thereby closing the loan obligation as per contract.
How is Quitação total used in finance?
In finance communication, this term appears in contexts such as: "O mutuário solicitou quitação para encerrar o financiamento imobiliário e transferir o imóvel."
Why does Quitação total matter in finance?
Quitação total matters because it supports clear communication in Banking contexts for Financial Analysts, Bankers, and Traders. It also connects to aviation training and exam language such as CFA, ACCA, and FRM.
Who uses Quitação total?
Quitação total is mainly used by Financial Analysts, Bankers, and Traders.
What category does Quitação total belong to?
In this glossary, Quitação total is grouped under Banking. Related pages in this category explain adjacent procedures, commands and operational concepts.
Where does this definition come from?
This definition is sourced from CFA Institute, IFRS Foundation, FASB (GAAP), Basel III Framework and published by Protermify Finance as a static finance reference page.