prepayment penalty

名词 n.
中文释义

英文释义

名词 n.
  1. An additional fee charged for paying off part of or the entirety of a loan ahead of the scheduled due date in order to compensate for the loss of interest income suffered by the creditor in such case.
    — Prepayment penalties can be viewed as a necessary supplement to the escalating-payments feature: If borrowers prepay before the end of the low-rate introductory period and thus avoid the high post-reset rates, then the escalating-payments feature becomes moot.

词形变化

prepayment penalties plural pre-payment penalty alternative
0 次浏览 数据来源: Wiktionary