Register

What is the term used for unscheduled full or partial payment of the principal amount outstanding on a loan before its due date?

What is the term used for unscheduled full or partial payment of the principal amount outstanding on a loan before its due date?
190k views
0 votes
What is the term used for unscheduled full or partial payment of the principal amount

outstanding on a loan before its due date?

User RationalRabbit
by
8.2k points

2 Answers

2 votes

Answer:

This is called a prepayment

User Tanaka Mawere
by
8.1k points
5 votes
Are there any answers choices? I’m going of my gut and saying it’s prepayment
User Rich Adams
by
7.8k points
← Prev Question Next Question →

Related questions

Ask a Question
Welcome to QAmmunity.org, where you can ask questions and receive answers from other members of our community.

9.4m questions

12.2m answers

Categories

Other Questions

How do you can you solve this problem 37 + y = 87; y =
What is .725 as a fraction
A bathtub is being filled with water. After 3 minutes 4/5 of the tub is full. Assuming the rate is constant, how much longer will it take to fill the tub?
Link Copied!