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prepayment

   Also found in: Medical, Legal, Financial, Encyclopedia, Wikipedia 0.01 sec.
pre·pay  (pr-p)
tr.v. pre·paid, pre·pay·ing, pre·pays
To pay or pay for beforehand.

pre·payment n.
ThesaurusLegend:  Synonyms Related Words Antonyms
Noun1.prepayment - payment in advance
defrayal, defrayment, payment - the act of paying money
Translations
prepayment [ˈpriːˈpeɪmənt] Npago m por adelantado, pago m anticipado
prepayment


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First American CoreLogic's lending mortgage databases track the delinquency and prepayment performance of 50 million active individual mortgage payments per month.
Although, be careful on refinancing mid-mortgage loan term, prepayment penalties come with a few mortgage loans, so if you have a prepayment penalty on your mortgage loan, get in touch with your loan officer ahead of you initiate the refinancing procedure.
BIRMINGHAM MP Gisela Stuart has criticised energy regulator Ofgem for "not going far enough" with plans to clamp down on companies who exploit customers using prepayment meters for their gas and electricity.
 
 
 
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