prepayment right

prepayment right
right of a claimant to repay a debt before the pre-set date

English contemporary dictionary. 2014.

Игры ⚽ Нужна курсовая?

Look at other dictionaries:

  • Prepayment — is early repayment of a loan by a borrower. In the case of a mortgage backed security (MBS), prepayment is perceived as a risk, because mortgage debts are often paid off early in order to incur lower total interest payments through cheaper… …   Wikipedia

  • prepayment taxes — Taxes paid in some jurisdictions (for example, France, Ireland) when dividends are made. On paying a dividend, the paying company is required to pay an amount that can be offset against its own liability to tax. The investor is usually entitled… …   Law dictionary

  • Prepayment Privilege — The right given to a debt holder to pay all or part of a debt prior to its maturity or ahead of schedule, usually without risk of penalty. Prepayment privileges are often elements of such debts as mortgages or automobile loans. They are in… …   Investment 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

  • Defeasance — Contents 1 Defeasance of Commercial Mortgage Loans 1.1 Defeasance of a Securitized Commercial Mortgage Loan 1.2 Defeasance Terms to Consider at Loan Origination …   Wikipedia

  • Collateralized mortgage obligation — Financial markets Public market Exchange Securities Bond market Fixed income Corporate bond Government bond Municipal bond …   Wikipedia

  • Option-adjusted spread — (OAS) is the flat spread which has to be added to the treasury yield curve in a pricing model (that accounts for embedded options) to discount a security payment to match its market price. OAS is hence model dependent. This concept can be applied …   Wikipedia

  • Option adjusted spread — (OAS) is the flat spread over the treasury yield curve required to discount a security payment to match its market price. This concept can be applied to mortgage backed security (MBS), Options, Bonds and any other interest rate… …   Wikipedia

  • Fixed-income attribution — refers to the process of measuring returns generated by various sources of risk in a fixed income portfolio, particularly when multiple sources of return are active at the same time. For example, the risks affecting the return of a bond portfolio …   Wikipedia

  • Mortgage loan — Mortgage redirects here. For other uses, see Mortgage (disambiguation). Finance Financial markets …   Wikipedia

Share the article and excerpts

Direct link
Do a right-click on the link above
and select “Copy Link”