- prepayment provision
- dispositif de paiement anticipé (TT)
English-French insurance dictionary. 2013.
English-French insurance dictionary. 2013.
mandatory prepayment provision — USA A provision in debt instruments that requires the borrower to prepay a portion of the debt with certain proceeds if and when received before the maturity date. In leveraged loan agreements it is typical for lenders to require prepayments and… … Law dictionary
prepayment — Payment of debt obligation or expense before it is due @ prepayment clause Provision in mortgage or note giving borrower right to pay off the indebtedness before it becomes due. See also prepayment penalty @ prepayment penalty A penalty under a… … Black's law dictionary
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