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Từ vựng:

prepayment penalty

Giải nghĩa:

/ˈpriːˌpeɪmənt ˈpɛnəlti/ – Noun

Definition: Phạt trước hạn.

A more thorough explanation: a punishment for paying a loan off before it is payable in full

Example: The new law allows the agency to draft regulations banning prepayment penalties.

 

Related words:

  1. draft of legislation
  2. approved draft
  3. draft constitution
  4. draft resolution
  5. administrative agency sanction
  6. draft evasion
  7. imposition of penalty (of punishment)
  8. (to) fix a penalty
  9. interpretative rule
  10. agency coupled with interest