Which of the following is a triggering term?

Asked by: Jailyn Goyette  |  Last update: March 19, 2026
Score: 4.1/5 (40 votes)

The following are trigger terms: the amount or percentage of any down payment, the payment period, the monthly payment, and the amount of the finance charge.

What are examples of triggering terms?

Examples of Triggering Terms
  • The amount of a down payment expressed as a percentage or a dollar amount (example: "5% down" or "80% financing")
  • The amount of any payment expressed as a percentage or a dollar amount (example: "$15 per month" or "monthly payments of under $100")

What is term triggering?

Meaning of triggering in English

causing a strong emotional reaction of fear or worry because someone is made to remember something bad that has happened in the past: For people with PTSD, loud noises can be triggering. a triggering experience.

Is APR a triggering term?

Statements of the annual percentage rate or statements that there is no particular charge for credit (such as “no closing costs”) are not triggering terms under this paragraph.

What is a triggering term in Tila?

A triggering term is a word or phrase that legally requires one or more disclosures when used in advertising. Triggering terms are defined by the Truth in Lending Act (TILA) and are designed to protect consumers from predatory lending practices.

Advertising: Closed-End Credit Triggering Terms

28 related questions found

What are triggering terms in real estate?

Definition: used in advertising, include the following – the amount or percentage of down payment, number of payments, period (term) of repayment, amount of any payment, and the amount of any finance charges. Pronunciation: \ˈtri-g(ə-)riŋ\

What is a trigger in insurance terms?

When you buy a policy and transfer risk to an insurance company in exchange for payment of a premium, the incidents, events, or circumstances covered by your policy are called triggers of coverage. The trigger of coverage depends on the type of policy you have.

Is annual interest rate a trigger term?

** The annual percentage rate or APR may be used without triggering Regulation Z. If a broker includes a trigger term in their advertising, then the broker must also disclose all of the following within the same advertisement: –The amount or percentage of the required down payment.

Which of the following is not a triggering term?

Final answer: The only term that is not a 'trigger term' according to Regulation Z is the APR. Trigger terms in Regulation Z are those that could potentially cause misunderstanding about the cost of credit, including downpayment amount, number of payments or repayment period, and finance charge amount.

What is a trigger finance term?

Trigger Financing means any securities, capital raising, loan, investment or other transaction, or series of related transactions, whether publicly offered or privately arranged, resulting in a debt and/or equity financing of the Company or any Subsidiary.

What is triggering and types of triggering?

In digital circuits, two methods of triggering are possible, namely edge triggering and level triggering, which trigger the signal to switch from one state to the other. Both form part of digital electronics and help in increasing throughput and controlling the timing of operations in a given system.

What is considered triggering?

A trigger is a stimulus that elicits a reaction. In the context of mental illness, "trigger" is often used to mean something that brings on or worsens symptoms. This often happens to people with a history of trauma or who are recovering from mental illness, self-harm, addiction, and/or eating disorders.

Is down payment a trigger term?

Down payment: A reference to a down payment in an advertisement acts as a triggering term only if a down payment is actually required for the credit product. For example, stating that no down payment is required does not trigger additional disclosures.

What is a trigger payment?

Trigger Payment means an aggregate payment in one (1) lump sum within thirty (30) days following any Trigger Event totaling an amount equal to three times Executive's annual Base Salary in effect at the time of the Trigger Event.

What are examples of trigger terms?

The triggering terms are:
  • The amount of the down payment, expressed either as a percentage or as a dollar amount. ...
  • The amount of any payment expressed either as a percentage or as a dollar amount. ...
  • The number of payments. ...
  • The period of repayment (the total time required to repay). ...
  • The amount of any finance charge.

Which of the following is an example of a triggering event?

Triggering events include job loss, retirement, or death, and are typical for many types of contracts. These triggers help to prevent, or ensure, that in the case of a catastrophic change, the terms of an original contract may also change.

Is no annual fee a trigger term?

The trigger terms are those required to be disclosed under section 1026.6(b)(3) and include the APR, transaction fees, annual fee and certain other charges. This applies to trigger terms stated in the positive ($50 annual fee) and in the negative (no annual fee).

What is the trigger interest rate?

Your trigger rate is the interest rate at which your mortgage or loan payment only covers interest costs. When you reach your trigger rate, none of your payment goes toward paying down the principal. This means that your payment doesn't cover the full amount of interest for that period.

What is not a trigger term under tila and regulation Z?

Final answer: The trigger terms under Regulation Z, part of the Truth in Lending Act, include references to the down payment, number of installments, period of repayment, and the finance charge. Among the options, 'Purchase Price' is NOT a trigger term.

What is a trigger in financial terms?

Triggers in the context of investing are market or investment-related occurrences that may cause the system or the investor to take a certain action. An event (trigger condition) and an activity taken when the event occurs make up a basic trigger setup.

What is a trigger policy?

"Trigger laws" are laws that are passed by a legislative body but only go into effect once a certain thing happens. That specific event will "trigger" it into becoming enforceable law. Trigger laws are often passed so that a law can go into effect as soon as possible once conditions allow.

What is the difference between a trigger and a transaction?

A trigger is a special type of stored procedure that automatically runs when an event occurs in the database server. Transactional replication typically starts with a snapshot of the publication database objects and data.