Loan Prepayment Terms Set

From Open Risk Manual

Definition

Loan Prepayment Terms Set. Terms governing prepayments of the principal on a loan by the borrower.


Issues and Challenges

Terms might be mortgage specific

Disclaimer

This entry annotates a FIBO Ontology Class. FIBO is a trademark and the FIBO Ontology is copyright of the EDM Council, released under the MIT Open Source License. There is no guarantee that the content of this page will remain aligned with, or correctly interprets, the concepts covered by the FIBO ontology.

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