Mortgage loan types. 1  Interest: Interest may be fixed for the life of the loan or variable, and change at certain pre-defined periods; the interest rate can also, of course, be higher or lower. 2  Term: Mortgage loans generally have a maximum term, that is, the number of years after which an amortizing loan will be repaid.
How Beer is Made. Beer is made from four basic ingredients: Barley, water, hops and yeast. The basic idea is to extract the sugars from grains (usually barley) so that the yeast can turn it into alcohol and CO2, creating beer.
Well, my lad. A malt beverage is a beverage made from malt. Malt beverage, as a term, is meant to enclose all beer, ale, and porter (and everything in between), without having to distinguish between them. It's easier to tax beer and ale as one product than having two different sets of standards. That's my theory, at least.