Interest-only loans, as the name implies, allow borrowers to pay back only the interest portion of their mortgages for a certain period, typically 7 or 10 years.

These are bonds created from a pool of home mortgages that represent just the interest portions of the monthly payments or just the principal payments.

With a $344 million tax credit for the interest portion of the claim, the charge announced yesterday equals $1.442 billion, the company said.

Many, like interest-only or "option" A.R.M.'s, also let borrowers pay only the interest portion of the debt or even less than that.

In addition to depreciation, an investor will usually claim the interest portion of his monthly mortgage payment as a tax deduction.

The property taxes on your condominium, as well as the interest portion of your mortgage, would be deductible items.

An interest only (IO) strip may be carved from collateral securities to receive just the interest portion of a payment.

When they itemize, the self-employed may claim the interest portion of their car payments as an expense, along with all other annual costs of driving for business.

Co-op shareholders are entitled to take tax deductions for their share of the interest portion of their building's underlying mortgages.

In 1994, High Yield Management had also sold the sisters interest-only strips, which are the interest portions of a mortgage pool.