prepayment

Noun

Meaning

Payment in advance.

Source: Webster's dictionary

Synonyms

increase binder charge rise advanced progress advance credit ahead cash paying loan stake deposit clearance
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Antonyms

fall contract drop decline decrease fail
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Hypernyms

payment defrayal defrayment

Phrases with the word

prepayment penalty

Examples

For 2020 YTD, the gain on the sale of the Four LTC Residences and the sale of one non-core retirement residence located in Quebec was partially offset by the prepayment penalties. Source: Internet

A credit card is required to secure your booking and prepayment of one night is required. Source: Internet

Also, you can take out an adjustable-rate VA loan with a low initial teaser rate and refinance immediately after the teaser rate ends, without worrying about a prepayment penalty. Source: Internet

In Senegal, UBA was responsible for the EUR 240m revolving crude oil financing facility for the Société Africaine de Raffinage and in Congo Brazzaville co-funded the $250m crude oil prepayment facility for Orion Oil Limited. Source: Internet

The winery plans to have food trucks for each of the movie nights and charcuterie plates will be available from Grazing Theory with 48 hours’ notice and prepayment. Source: Internet

Calculate when you’ll break even on the new mortgage by taking into account the costs of refinancing and any prepayment penalty for paying off your mortgage early. Source: Internet

Close letter words and terms

prepay prepayable prepayer prepayment penalty prepectoral prepelvic