InvestorWords.com

repayment terms

Definition

The terms that a bond holder agreed to when the bond was issued. The repayment terms can relate to the amount of time that a debt holder has to repay a bond or debt obligation, the minimum payment that has to be made in a period, or the penalties levied for late payment.

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Paying Off MortgagesLook into paying off your mortgage sooner rather than later. A mortgage with a long repayment term (30 or even 40 years) is very appealing because the monthly payments are relatively small, which can ... Read more