Definitions
Wiktionary
- n. Plural form of prepayment.
Examples
“On the acquisition front, as of March 31, 2010, refundable long term prepayments of”
“Net interest margin is reported exclusive of income from loan prepayments, which is included as a component of noninterest income.”
Intervest Bancshares Corporation Reports 2010 Fourth Quarter Earnings - Yahoo! Finance
“Obviously they were expecting many 'prepayments' when the 2/28 people started refinancing after two years.”
Mortgages, Securities, and Bailouts, Arnold Kling | EconLog | Library of Economics and Liberty
“Yes many years I may pay more in premiums than I use in services but what I'm essentially doing is a combination of economically rational things: 1. Insuring that my big expense will be covered if it hits me before my 'prepayments' would have been able to cover it.”
Health Insurance Puzzle, Arnold Kling | EconLog | Library of Economics and Liberty
“That means there could be higher expenses associated with the deal, says Kit Spring, an analyst at Stifel, Nicolaus & Co., or other expenses such as prepayments that would affect cash flow.”
“It's not unheard of for prepayments to take place on contracts,' one source said.”
“The biggest buyer is going to slow its buying in Treasurys because mortgage prepayments are starting to slow," said Michael Franzese , head of Treasury trading at Wunderlich Securities in New York.”
The Wall Street Journal: Fed Chills Treasurys With Buying Plans
“More Gingrich's Freddie Ties Draw Scrutiny Such "prepayments" are made at par—100 cents on the dollar—causing losses on bonds trading above par.”
The Wall Street Journal: Refinancing Guidelines Reassure Investors
“The faster prepayments were on the type of mortgage bonds that dominate the Fed's portfolio, suggesting the Fed will have more to reinvest and could thus have a bigger effect on the market, Merrill Lynch analysts said.”
The Wall Street Journal: Rate Drop Hits Some Mortgage Investors
“If Fed purchases keep these rates low at these levels, then it will have an effect on future prepayments," said Qumber Hassan , a strategist at Credit Suisse.”
The Wall Street Journal: Rate Drop Hits Some Mortgage Investors
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