Loan Ongoing Prepayment Terms
From Open Risk Manual
Revision as of 13:29, 1 December 2022 by Wiki admin (talk | contribs)
Definition
Loan Ongoing Prepayment Terms. Terms governing prepayments of the principal on a loan by the borrower throughout the life of the loan.
Issues and Challenges
Some definitions are 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.