Prepayment and R&R: Difference between pages

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1. ''Banking''.
In the corporate context, Reconstruction and Renewal.


The non-contractual early repayment by bank customers of, for example, fixed rate mortgages.


<span style="color:#4B0082">'''''Lloyd's of London's R&R'''''</span>


2. ''Accounting''.
:"Wilde moved to Lloyd's of London, which was, at the time, on the verge of collapse.


An amount paid in advance for a financial benefit, represented by an asset in the organisation's balance sheet.
:Complex negotiations designed to bring about what was referred to at the time as the reconstruction and renewal of the famously overstretched, under-provisioned insurance market were under way...


It is a prepaid expense.
:Having played his part in the Lloyd's R&R... Wilde moved on to Abbey National."


:''The Treasurer magazine, April 2018, p18 - Profile of Paul Wilde FCT.''




== See also ==
==See also==
* [[Accrual]]
* [[Insurance]]
* [[Average effective maturity]]
* [[Lloyd's of London]]
* [[Bookkeeping]]
* [[Provision]]
* [[Early Repayment Charge]]
* [[Recovery]]
* [[Extension risk]]
* [[Resolution]]
* [[Prepayment risk]]
* [[Prepayments]]


[[Category:Accounting,_tax_and_regulation]]
[[Category:Financial_risk_management]]
[[Category:Identify_and_assess_risks]]
[[Category:Manage_risks]]
[[Category:Risk_frameworks]]

Latest revision as of 12:41, 4 November 2021

In the corporate context, Reconstruction and Renewal.


Lloyd's of London's R&R

"Wilde moved to Lloyd's of London, which was, at the time, on the verge of collapse.
Complex negotiations designed to bring about what was referred to at the time as the reconstruction and renewal of the famously overstretched, under-provisioned insurance market were under way...
Having played his part in the Lloyd's R&R... Wilde moved on to Abbey National."
The Treasurer magazine, April 2018, p18 - Profile of Paul Wilde FCT.


See also