| 释义 |
Repayment Date Repayment DateThe date by which a borrower must repay the principal and interest on a loan in total. For example, a mortgage with a period of 10 years has a repayment date 10 years after it is issued. The repayment date also indicates the period of time during which the lender will receive interest (and often principal) payments. Despite the existence of a maturity date, many debts may be repaid early, though they may be subject to penalties in such cases. |