Prepayment
Term · Finance and investing · MLC-T-FIN-000283
The unscheduled partial or complete payment of the principal amount outstanding on a loan, such as a mortgage, before it is due.
| Identifier | MLC-T-FIN-000283 |
|---|---|
| Field | Finance and investing |
| References | SEC Investor.gov Glossary |
Record as JSON
{
"id": "MLC-T-FIN-000283",
"term": "Prepayment",
"field": "Finance and investing",
"definition": "The unscheduled partial or complete payment of the principal amount outstanding on a loan, such as a mortgage, before it is due.",
"references": [
"SEC Investor.gov Glossary"
],
"url": "https://mlchart.com/terminology/finance/prepayment/"
}
Record 283 of 398 in Finance and investing terminology (MLC-0118). Request the full dataset.