FSA and Prepayment: Difference between pages
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imported>Doug Williamson (Link with successor authorities to the Financial Services Authority. Source: http://www.mofo.com/files/Uploads/Images/131216-A-Regulatory-Reform-Glossary.pdf?utm_source=Mondaq&utm_medium=syndication&utm_campaign=inter-article-link) |
imported>Doug Williamson (Add link.) |
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1. The | 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. | |||
== See also == | == See also == | ||
* [[ | * [[Accrual]] | ||
* [[ | * [[Average effective maturity]] | ||
* [[ | * [[Bookkeeping]] | ||
* [[ | * [[Early Repayment Charge]] | ||
* [[ | * [[Extension risk]] | ||
* [[Prepayment risk]] | |||
* [[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.
