# Prepayment Clause

**IRI:** https://folio.openlegalstandard.org/R74MfMU3dp9biaiPczk4vmp

## Labels

**Translations:**

- de-de: Vorauszahlungsklausel
- en-gb: Prepayment Clause
- es-es: Cláusula de prepago
- es-mx: Cláusula de prepago
- fr-fr: Clause de prépaiement
- he-il: סעיף תשלום מראש
- hi-in: प्रीपेमेंट क्लॉज
- ja-jp: 前払い条項
- pt-br: Cláusula de pré-pagamento
- zh-cn: 预付款条款

## Definition

A prepayment clause is a provision in a contract that allows the debtor to pay off a debt before it is due without incurring a penalty.

## Sub Class Of

- https://folio.openlegalstandard.org/RDe0RKU39BlhcyACJW30ZLc

## Parent Class Of

- https://folio.openlegalstandard.org/RufYamRr2NVHvQecvksPW2

**Deprecated:** False