"prepayment penalty" meaning in English

See prepayment penalty in All languages combined, or Wiktionary

Noun

Forms: prepayment penalties [plural]
Head templates: {{en-noun}} prepayment penalty (plural prepayment penalties)
  1. An additional fee charged for paying off part of or the entirety of a loan ahead of the scheduled due date in order to compensate for the loss of interest income suffered by the creditor in such case. Categories (topical): Finance Synonyms: pre-payment penalty Translations (fee charged for prepayment of a loan): Vorfälligkeitsentschädigung [feminine] (German)

Inflected forms

{
  "forms": [
    {
      "form": "prepayment penalties",
      "tags": [
        "plural"
      ]
    }
  ],
  "head_templates": [
    {
      "args": {},
      "expansion": "prepayment penalty (plural prepayment penalties)",
      "name": "en-noun"
    }
  ],
  "lang": "English",
  "lang_code": "en",
  "pos": "noun",
  "senses": [
    {
      "categories": [
        {
          "kind": "other",
          "name": "English entries with incorrect language header",
          "parents": [
            "Entries with incorrect language header",
            "Entry maintenance"
          ],
          "source": "w"
        },
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        },
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        },
        {
          "kind": "other",
          "name": "Terms with German translations",
          "parents": [],
          "source": "w"
        },
        {
          "kind": "topical",
          "langcode": "en",
          "name": "Finance",
          "orig": "en:Finance",
          "parents": [
            "Business",
            "Economics",
            "Society",
            "Social sciences",
            "All topics",
            "Sciences",
            "Fundamental"
          ],
          "source": "w"
        },
        {
          "kind": "other",
          "name": "Wikipedia with redundant first parameter",
          "orig": "wikipedia with redundant first parameter",
          "parents": [],
          "source": "w"
        }
      ],
      "examples": [
        {
          "ref": "2012, Oren Bar-Gill, Seduction by Contract:",
          "text": "Prepayment penalties can be viewed as a necessary supplement to the escalating-payments feature: If borrowers prepay before the end of the low-rate introductory period and thus avoid the high post-reset rates, then the escalating-payments feature becomes moot.",
          "type": "quote"
        }
      ],
      "glosses": [
        "An additional fee charged for paying off part of or the entirety of a loan ahead of the scheduled due date in order to compensate for the loss of interest income suffered by the creditor in such case."
      ],
      "id": "en-prepayment_penalty-en-noun-ECPxVzv8",
      "links": [
        [
          "fee",
          "fee"
        ],
        [
          "paying off",
          "pay off"
        ],
        [
          "interest",
          "interest"
        ],
        [
          "creditor",
          "creditor"
        ]
      ],
      "synonyms": [
        {
          "word": "pre-payment penalty"
        }
      ],
      "translations": [
        {
          "code": "de",
          "lang": "German",
          "sense": "fee charged for prepayment of a loan",
          "tags": [
            "feminine"
          ],
          "word": "Vorfälligkeitsentschädigung"
        }
      ]
    }
  ],
  "word": "prepayment penalty"
}
{
  "forms": [
    {
      "form": "prepayment penalties",
      "tags": [
        "plural"
      ]
    }
  ],
  "head_templates": [
    {
      "args": {},
      "expansion": "prepayment penalty (plural prepayment penalties)",
      "name": "en-noun"
    }
  ],
  "lang": "English",
  "lang_code": "en",
  "pos": "noun",
  "senses": [
    {
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        "English countable nouns",
        "English entries with incorrect language header",
        "English lemmas",
        "English multiword terms",
        "English nouns",
        "English terms with quotations",
        "Entries with translation boxes",
        "Pages with 1 entry",
        "Pages with entries",
        "Terms with German translations",
        "en:Finance",
        "wikipedia with redundant first parameter"
      ],
      "examples": [
        {
          "ref": "2012, Oren Bar-Gill, Seduction by Contract:",
          "text": "Prepayment penalties can be viewed as a necessary supplement to the escalating-payments feature: If borrowers prepay before the end of the low-rate introductory period and thus avoid the high post-reset rates, then the escalating-payments feature becomes moot.",
          "type": "quote"
        }
      ],
      "glosses": [
        "An additional fee charged for paying off part of or the entirety of a loan ahead of the scheduled due date in order to compensate for the loss of interest income suffered by the creditor in such case."
      ],
      "links": [
        [
          "fee",
          "fee"
        ],
        [
          "paying off",
          "pay off"
        ],
        [
          "interest",
          "interest"
        ],
        [
          "creditor",
          "creditor"
        ]
      ]
    }
  ],
  "synonyms": [
    {
      "word": "pre-payment penalty"
    }
  ],
  "translations": [
    {
      "code": "de",
      "lang": "German",
      "sense": "fee charged for prepayment of a loan",
      "tags": [
        "feminine"
      ],
      "word": "Vorfälligkeitsentschädigung"
    }
  ],
  "word": "prepayment penalty"
}

Download raw JSONL data for prepayment penalty meaning in English (1.5kB)


This page is a part of the kaikki.org machine-readable English dictionary. This dictionary is based on structured data extracted on 2024-11-06 from the enwiktionary dump dated 2024-10-02 using wiktextract (fbeafe8 and 7f03c9b). The data shown on this site has been post-processed and various details (e.g., extra categories) removed, some information disambiguated, and additional data merged from other sources. See the raw data download page for the unprocessed wiktextract data.

If you use this data in academic research, please cite Tatu Ylonen: Wiktextract: Wiktionary as Machine-Readable Structured Data, Proceedings of the 13th Conference on Language Resources and Evaluation (LREC), pp. 1317-1325, Marseille, 20-25 June 2022. Linking to the relevant page(s) under https://kaikki.org would also be greatly appreciated.