Full Newsletter   Newsletter Archives
Home Our Mission Testimonials Contact who we are
Change
Categories
Personal
Information
Saved
Articles
Calculators Refer
Colleague
Unsubscribe
To Email
Comments &
Feedback
Help
On Email
 Glossary:  ABCDEFGHIJKLMNOPQRSTUVWXYZ
 make whole provision  
 

A provision that allows a borrower to prepay the remaining fixed rate term debt. However, the borrower has to make an additional payment that is derived from a formula based on the net present value of the future debt payments. This can often be significant, which is why such provisions are rarely invoked.

This Glossary is provided by www.InvestorWords.com
Copyright © 1997-2005 by WebFinance Inc. All Rights Reserved.
Personal
Information
Unsubscribe
to Email
Your
Privacy
Disclaimer
of Liability
© 2008,Powered by BizActions
Patent Pending