Coronavirus and Prepayment: Difference between pages

Revision as of 16:43, 13 November 2016

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.

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-.
+. ''Banking''.
-Strictly, any of the ''coronaviridae'' family of viruses, characterised by club-shaped projections, causing a variety of illnesses in animals and people.
+The non-contractual early repayment by bank customers of, for example, fixed rate mortgages.
-.
+. ''Accounting''.
-More loosely, the COVID-19 coronavirus.
+An amount paid in advance for a financial benefit, represented by an asset in the organisation's balance sheet.
-==See also==
-*[[Business continuity plan]]
-*[[Contingency plan]]
-*[[COPD]]
-*[[Coronavirus Business Interruption Loan Scheme]]
-*[[COVID-19]]
-*[[Disaster recovery planning]]
-*[[Financial stability]]
-*[[Liquidity]]
-*[[WFH]]
+== See also ==
-==ACT resources for COVID-19==
+* [[Early Repayment Charge]]
-[https://www.treasurers.org/hub/technical/covid19 ACT technical - COVID-19]
+* [[Extension risk]]
+* [[Prepayment risk]]
-[[Category:The_business_context]]
+* [[Prepayments]]
-[[Category:Identify_and_assess_risks]]
-[[Category:Manage_risks]]
-[[Category:Risk_frameworks]]
-[[Category:Risk_reporting]]
-[[Category:Financial_products_and_markets]]
-[[Category:Liquidity_management]]
-[[Category:Treasury_operations_infrastructure]]