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单词 borrower repays
释义
borrower repays
If the property falls in value, the borrower repays the original loan, minus 20 per cent of the price drop.
Times, Sunday Times
The borrower repays 20 per cent of the sale price.
Times, Sunday Times
Therefore, they typically impose a penalty if the borrower repays the loan earlier than planned in order to ensure that at least some of these costs are recouped.
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If the borrower defaults and the lender tries to repossess the property, courts of equity can grant the borrower the equitable right of redemption if the borrower repays the debt.
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更新时间:2024/12/23 3:12:54