English Language
WordTools.ai
BETA
meaning
in a sentence
phrases
associations
synonyms
Phrases with «prepayment charge»
A
"prepayment charge"
refers to a fee that a borrower has to pay if they pay off a loan or debt earlier than the agreed-upon time. It is a penalty for wanting to pay off the borrowed amount ahead of schedule.
Full definition
charge
(parent phrase)
prepayment
(parent phrase)
prepayment charge
Sentences with «prepayment charge»
Bridgewater Bank has two great options to pay your mortgage off faster
without prepayment charges
:
(
bridgewaterbank.ca
)
The bank says the
mortgage prepayment charge
applies when a customer breaks, converts or early renews their mortgage before maturity.
(
remonline.com
)
They demanded that plaintiffs pay the unpaid principal together with $ 230 in
prepayment charges on
or before March 31, 1970.
(
law.justia.com
)
(see all sentences)
See also
Definition of PREPAYMENT CHARGE
Synonyms for PREPAYMENT CHARGE
a
b
c
d
e
f
g
h
i
j
k
l
m
n
o
p
q
r
s
t
u
v
w
x
y
z