Identification
- Label (rdfs)
- Prepayment Penalty Clause
- Preferred Label
- None
- Alternative Labels
- N/A
- Identifier
- N/A
Definition and Examples
- Definition
- A prepayment penalty clause is a provision in a contract that requires a borrower to pay a fee or penalty if they pay off a loan before the end of its term.
Translations
fr-frClause de pénalité de remboursement anticipé
pt-brCláusula de penalidade por pré-pagamento
es-mxCláusula de penalización por pago anticipado
es-esCláusula de penalización por prepago
en-gbPrepayment Penalty Clause
de-deVorfälligkeitsentschädigungsklausel
he-ilסעיף עונש מוקדם
hi-inप्रीपेमेंट पेनल्टी क्लॉज
ja-jp前払い違約金条項
zh-cn提前还款罚款条款