Meaning PREPAYMENT PENALTY: A fee a borrower pays a lender when the borrower repays a loan before its scheduled time of maturity
More terms such as Prepayment penalty in Dictionary P.
- Definition Price Range:
- Examples The interval between the high and low prices over which a stock has traded over a particular period of time prepayment penalty definition.
- Definition Prepaid Interest:
- Examples An asset account showing interest that has been paid in advance, which is expensed and charged to the borrower's P & L statement prepayment penalty explain.
- Definition Per Capita Debt:
- Examples The total bonded debt of a municipality divided by the population of the municipality prepayment penalty what is.
- Definition Proxy Statement:
- Examples to provide shareholders with information necessary to vote in an informed manner on matters to be brought up at a stockholders' meeting. Includes information on closely held shares. Information prepayment penalty meaning.
- Definition Put Bond:
- Examples A bond that the holder may choose either to exchange for par value at some date or to extend for a given number of years. If the price is above par, the put is a premium put prepayment penalty abbreviation.
