Meaning PREPAYMENT
What does PREPAYMENT mean? Here you find 55 meanings of the word PREPAYMENT. You can also add a definition of PREPAYMENT yourself

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PREPAYMENT


The partial or full repayment by the borrower, perhaps at a discount, of an outstanding debt obligation in advance of the maturity date. The prepayment may be at a discount from the current outstandin [..]
Source: stats.oecd.org

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PREPAYMENT


A payment on a principal before its due date.
Source: atlasvanlines.com

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PREPAYMENT


Paying some or all of a loan ahead of schedule. Most mortgage loan programs allow prepayment. Prepaying a mortgage can reduce the amount of mortgage interest paid over the life of the loan and can eliminate the loan faster.
Source: lendingtree.com (offline)

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PREPAYMENT


Any unscheduled repayment of the principal of a mortgage or a loan made in addition to the normal amortization.
Source: glossary.reuters.com (offline)

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PREPAYMENT


Payment made that reduces the principal balance of a loan before the due date and before the loan has become fully amortized.
Source: golfandhome.co (offline)

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PREPAYMENT


Any amount paid to reduce the principal balance of a loan before the due date. Payment in full on a mortgage that may result from a sale of the property, the owner's decision to pay off the loan in full, or a foreclosure. In each case, prepayment means payment occurs before the loan has been fully amortized.
Source: realestateabc.com (offline)

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PREPAYMENT


The unscheduled partial or complete payment of the principal amount outstanding on a loan, such as a mortgage, before it is due.
Source: investor.gov (offline)

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PREPAYMENT


Definition The payment of all or part of a debt prior to its due date.
Source: investorwords.com

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PREPAYMENT


In purchasing, an order for which full payment must be made in advance of shipment, usually with the purchase order rather than in response to an invoice. If the order is canceled or the merchandise i [..]
Source: abc-clio.com

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PREPAYMENT


is a blanket term used to describe any form of payment that is before an agreed time or before rather than after a service is given (e.g. prepaid credit card). Prepayment is most commonly discussed in [..]
Source: financialdictionary.net

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PREPAYMENT


payment of the mortgage loan before the scheduled due date; may be Subject to a prepayment penalty.
Source: dictionary.findlaw.com

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PREPAYMENT


Prepayment is paying off all or part of a loan before it is due.
Source: finaid.org (offline)

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PREPAYMENT


A full or partial payment of the principal before the due date. This might occur if the borrower makes extra payments, sells the property or refinances the existing loan.
Source: discover.com

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PREPAYMENT


The payment of a debt before it actually becomes due. See also Prepayment
Source: helpwithmybank.gov

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PREPAYMENT


The unscheduled partial or complete payment of the principal amount outstanding on a mortgage loan or other debt before it is due.
Source: investinginbonds.com (offline)

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PREPAYMENT


A payment made by the borrower over and above the scheduled mortgage payment
Source: mtgprofessor.com

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PREPAYMENT


Repayment of greater than the scheduled principal amount. If a project company is forced to prepay principal with excess cash flow, then it is referred to as a mandatory prepayment.
Source: people.hbs.edu

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PREPAYMENT


Payment of a debt before the time it’s due.
Source: smartmoneysmartliving.com

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PREPAYMENT


Full or partial payment of the principal before the due date.
Source: equityatlas.com (offline)

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PREPAYMENT


The payment of all or part of a debt prior to its due date.
Source: lonestarlending.com

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PREPAYMENT


Any amount paid to reduce the principal of the loan before the due date, or any amount in addition to the minimum repayment. May be subject to a prepayment penalty.
Source: futurefinancial.com.au (offline)

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PREPAYMENT


Payment of mortgage loan, or part of it, before due date. Mortgage agreements often restrict the right of prepayment either by limiting the amount that can be prepaid in any one year or charging a pen [..]
Source: garykershner.com

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PREPAYMENT


Money that a factoring & invoice discounting specialist (in this case Skipton Business Finance) will pay against an invoice normally expressed as a percentage.
Source: skiptonbusinessfinance.co.uk

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PREPAYMENT


Repayment of amounts before their scheduled dates for repayment. If obligatory rather than optional, it is referred to as Mandatory Prepayment.
Source: dlapipertradefinance.com (offline)

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PREPAYMENT


Paying back a loan in part or whole before the borrower is contractually required to do so. Be aware: prepayments may actually if the lender requires you to hold the loan for a certain amount of time [..]
Source: nerdwallet.com

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PREPAYMENT


A full or partial payment of the principal amount of the loan before due date.  
Source: mortgageloan.com

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PREPAYMENT


Partial or full repurchase or other advance deposits of outstanding loan principal and interest by the borrower/debtor. The repurchase may be made at a discount from the current outstanding principal balance.
Source: fhwa.dot.gov (offline)

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PREPAYMENT


A privilege in a mortgage permitting the borrower to make payments in advance of their due date.
Source: coolbranch.com (offline)

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PREPAYMENT


(n) payment in advance
Source: beedictionary.com

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PREPAYMENT


Payment made that reduces the principal balance of a loan before the due date and before the loan has become fully amortized.
Source: nauticalwavesrealty.com

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PREPAYMENT


Repaying installment credit before it is due or paying off a loan before its maturity date.
Source: fountaincpa.com

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PREPAYMENT


A privilege in a mortgage which permits the borrower to make payments in advance of their due date.
Source: fool.com (offline)

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PREPAYMENT


An amount paid for in advance for and benefit to the business, such as insurance premiums or rent in advance. Initially recognised as an asset, then transferred to expense in the period when the benef [..]
Source: clearbooks.co.uk

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PREPAYMENT


An advance payment, i.e. rental monies.
Source: swindon-bookkeepers.co.uk

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PREPAYMENT


Money paid in advance for a business cost.
Source: riftaccounting.com

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PREPAYMENT


n. pago anticipado, pago por adelantado; cancelación anticipada
Source: trelliscompany.org

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PREPAYMENT


The unscheduled partial or complete repayment of the principal amount outstanding on a loan, such as a mortgage, before it is due.
Source: sifma.org

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PREPAYMENT


A privilege in a mortgage permitting the borrower to make payments in advance of their due date.
Source: tools.automotive.com (offline)

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PREPAYMENT


Allows a borrower to prepay a portion or all of the principal mortgage balance, with or without penalty, ahead of schedule. This decreases the total amount of interest paid over the life of the mortga [..]
Source: b2bbank.com

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PREPAYMENT


Payment of the principal amount of a loan before the schedul ed date
Source: bankingglossary.bankingonly.com (offline)

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PREPAYMENT


Payment of all or part of a loan before maturity.
Source: bankinginfo.com.my (offline)

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PREPAYMENT


Paying off all or part of a loan before it is due.
Source: collegegold.com

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PREPAYMENT


When a borrower pays a portion or the entire amount of principal before it is due. This may reduce the total amount of interest charged.
Source: suntrusteducation.com (offline)

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PREPAYMENT


Payment on a loan before it is due or in excess of the amount due.
Source: estudentloan.com

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PREPAYMENT


Any amount paid on a loan by the borrower before it is required to be paid under the terms of the promissory note. There is never a penalty for prepaying principal or interest on federal student loans [..]
Source: spelman.edu

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PREPAYMENT


a payment received when the borrower is not required to make either principal or interest payments or when the borrower makes payment that is greater than the amount of the borrower's regular installment or the amount due. There is never a penalty for prepaying your student loan(s).
Source: msc.edu (offline)

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PREPAYMENT


This is early loan repayment.  Prepayment means paying less interest in a shorter period of time.
Source: careersandeducation.com

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PREPAYMENT


A prepayment represents funds paid in advance of receiving the goods or services to which the payment relates. The goods or services may be received at one future point in time or continually over a p [..]
Source: jcu.edu.au

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PREPAYMENT


Paying off all or part of a loan before it is due.
Source: scstudentloan.org

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PREPAYMENT


Payment of mortgage loan, or part of it, before its due date. Mortgage agreements often restrict the right of prepayment either by limiting the amount that can be prepaid in any one year or charging a [..]
Source: equitylandtitle.com

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PREPAYMENT


Full or partial repayment of the principal before the contractual due date.
Source: sardisland.com

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PREPAYMENT


Any amount paid to reduce the principal balance of a loan before the due date. Payment in full on a mortgage that may result from a sale of the property, the owner's decision to pay off the loan in full, or a foreclosure. In each case, prepayment means payment occurs before the loan has been fully amortized.
Source: txlandgroup.com (offline)

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PREPAYMENT


A privilege in a mortgage permitting the borrower to make payments in advance of their due date.
Source: lhfs.com (offline)

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PREPAYMENT


The act of fully or partially paying off the outstanding balance of a loan at any point during the term of the loan at a time earlier than set out in the contract.
Source: mortgagegroup.com (offline)

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PREPAYMENT


Prepayment may refer to: Prepaid mobile phone, mobile phone use Prepayment for service, e.g. phone calls Prepayment of loan, repaying a loan ahead of schedule Deferred expense in accounting Stored-val [..]
Source: en.wikipedia.org





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