prepayment Definition

prepayment

Definition

The payment of all or part of a debt prior to its due date.

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prepayment is ...
... part of the Lending & Credit subject.

Related Terms

deferred charge - More

deferred revenue - More

cash discount -

average effective maturity, average nominal maturity, CMO, Collateralized Mortgage Obligation, flow of funds, prepayment penalty, refinancing, yield maintenance

prepayment appears in these other terms

prepayment privilege, prepayment risk, prepayment speed

prepayment appears in the definitions of these other terms on BusinessDictionary.com

prepayment bond, deferred credit, freepost, international callback, advance payment