TERMIUM Plus®

The Government of Canada’s terminology and linguistic data bank.

PREPAYMENT CHARGE [1 record]

Record 1 1994-07-27

English

Subject field(s)
  • Real Estate
  • Loans
DEF

A fee charged by the lender when the borrower prepays all or a portion of a mortgage loan, more quickly than provided for in the mortgage agreement.

French

Domaine(s)
  • Immobilier
  • Prêts et emprunts
DEF

Frais imposés par le prêteur quand l'emprunteur effectue le paiement d'une partie du prêt hypothécaire avant la date d'échéance.

Spanish

Record saved

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© Public Services and Procurement Canada, 2024
TERMIUM Plus®, the Government of Canada's terminology and linguistic data bank
A product of the Translation Bureau

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