prepayment (Crossword)

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We didn't find answers to the clue “Prepayment” but we did find clues where “Prepayment” could be the answer:
  1. Defrayal
  2. Defrayment
  3. Payment
  4. Payment in advance

Definitions of “prepayment”
If the answer you seek is not in the answers above these definitions may help solving your crossword puzzle.

• A payment made before the day it is due
• Early payment of mortgage loans by homeowners
• The payment of a debt obligation prior to its due date
• Payment of the mortgage loan before the scheduled due date
• A method of paying for the cost of health care services in advance of their use
• A prepayment is the sum paid for goods or services before their receipt or invoiced due date
• A privilege in a mortgage permitting the borrower to make payments in advance of their due date
• Any amount paid to reduce the principal balance of a loan before the due date or payment in full of a mortgage
• Is an additional principal amount in excess of the required amount paid by the mortgagor to reduce the open mortgage balance

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