Prepayment: Difference between revisions
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imported>Doug Williamson (Add link.) |
imported>Doug Williamson (Link with Bookkeeping page.) |
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== See also == | == See also == | ||
* [[Bookkeeping]] | |||
* [[Early Repayment Charge]] | * [[Early Repayment Charge]] | ||
* [[Extension risk]] | * [[Extension risk]] | ||
* [[Prepayment risk]] | * [[Prepayment risk]] | ||
* [[Prepayments]] | * [[Prepayments]] | ||
Revision as of 20:26, 3 July 2017
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.
