Prepayment: Difference between revisions
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imported>Doug Williamson (Link with Average effective maturity page.) |
imported>Doug Williamson (Classify page.) |
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* [[Prepayment risk]] | * [[Prepayment risk]] | ||
* [[Prepayments]] | * [[Prepayments]] | ||
[[Category:Accounting,_tax_and_regulation]] | |||
[[Category:Identify_and_assess_risks]] | |||
[[Category:Manage_risks]] | |||
[[Category:Risk_frameworks]] | |||
Revision as of 10:21, 28 July 2020
1. Banking.
The non-contractual early repayment by bank customers of, for example, fixed rate mortgages.
2. Accounting.
An amount paid in advance for a financial benefit, represented by an asset in the organisation's balance sheet.
