英语词汇“early extinguishment of debt”的英英意思、用法、释义、翻译、读音、例句、短语、词组-英语词典

单词	early extinguishment of debt
释义	Early Extinguishment of Debt Early Extinguishment of Debt The payment of a debt in full before it is due. Early extinguishment of debt is good for the borrower because it relieves him/her of the debt, but it deprives the lender of interest he/she would have received otherwise. As a result, some lenders attach prepayment penalties to loans to disincentivize early extinguishment. Early extinguishment of debt is also called prepayment, which has other meanings as well. See also: Prepayment risk.
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Early Extinguishment of Debt