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preparatory school
prepare
prepared
prepared piano
preparedness
prepay
prepayment penalty
prepayment privilege
prepayment risk
prepense
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prepayment risk
pre·pay·ment risk


noun 
Definition:
 
risk of early repayment: the risk to a lender that a debtor will repay an obligation and avoid having to pay interest at a higher rate
Encarta® World English Dictionary [North American Edition] © & (P)2009 Microsoft Corporation. All rights reserved. Developed for Microsoft by Bloomsbury Publishing Plc.
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