Prepayment

The payment of all or part of a Debt prior to its Due date.

Related Terms: 3 Debt, Due date, ITS

Other Related Pages: Category: Lending_and_Credit Starting With: P

Additional Related Terms: Above par, Accrual of discount, Amortization of premium, At par, All or any part, At best, At call, All-risks coverage, At risk, Abstract of title