Acceleration in finance refers to a lender's right to demand early repayment of a loan when the borrower defaults on their payment or other contractual obligations.
A call provision allows the issuer to repay the bond before its maturity under certain conditions. This article provides an in-depth explanation, historical context, types, key events, importance, examples, and more.
A comprehensive guide to understanding the Early Repayment Tax Clause, its historical context, types, key events, mathematical formulas, examples, related terms, and more.
A detailed examination of a prepayment clause in a bond or mortgage, outlining its significance, penalties, and related features.
A prepayment penalty is a fee paid by a borrower for the privilege of retiring a loan early. It is not a tax-deductible interest expense.
