prepayment

The hotel requires a prepayment for the reservation.

She made a prepayment for the upcoming trip.

The prepayment is necessary to secure the booking.

They offer a discount for prepayment of services.

The prepayment policy varies from company to company.

He decided to make a prepayment to avoid any delays.

The prepayment can be made online or in person.

Customers can enjoy benefits by opting for prepayment.

She prefers prepayment to monthly installments.

The prepayment deadline is approaching, so please make the payment soon.

And what are balloon payments and prepayment penalties?

Why does a bank charge prepayment penalties on mortgage loans?

So, some banks have a prepayment penalty, but not all of them.

Rafael doesn't understand these terms, the ones about balloon payments and prepayment penalties.

Few borrowers want to risk huge prepayment costs if their circumstances change and markets have moved in the wrong direction.

A " penalty" is a punishment – something you have to pay, usually, in the case of a prepayment penalty.

Kiko also asks about " prepayment penalties." For some loans, you actually get a penalty if you pay the loan early.

That's the meaning of " prepayment" – to give the bank more money than you are supposed to according to your agreement.

A mortgage with an inflated interest rate, and a balloon payment and a prepayment penalty if he tried to get out of it.

A filing dated December 28th states that Bellatrix has a prepayment and offtake agreement with the Nayara refinery in India (49% owned by Rosneft) that it has assigned to Coral.