repayment (redemption) of a loan

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• redemption — Repayment of a debt security or preferred stock issue, at or before maturity, at par or at a premium price. Bloomberg Financial Dictionary The extinguishing of a debt through cash payment. Exchange Handbook Glossary …   Financial and business terms

• redemption — re·demp·tion /ri demp shən/ n: the act, process, or fact of redeeming see also equity of redemption, right of redemption re·demp·tive / demp tiv/ adj Merriam Webster’s Dicti …   Law dictionary

• redemption — /rɪ dempʃən/ noun 1. the repayment of a loan ♦ redemption before due date paying back a loan before the date when repayment is due 2. the repayment of a debt ● redemption of a mortgage …   Dictionary of banking and finance

• Early repayment charge — If fixed rate mortgages(FRM) are noticed in advance a compensation the so called early repayment charge or redemption penalty has to be paid.If the interest rates have fallen, the creditor has an interest loss due to the notice. But if the rates… …   Wikipedia

• Secured loan — A secured loan is a loan in which the borrower pledges some asset (e.g. a car or property) as collateral for the loan, which then becomes a secured debt owed to the creditor who gives the loan. The debt is thus secured against the collateral in… …   Wikipedia

• List of Ordinances and Acts of the Parliament of England, 1642 to 1660 — This is a list of Ordinances and Acts of the Parliament of England from 1642 to 1660, during the English Civil War and the Interregnum.As King Charles I of England would not assent to Bills from a Parliament at war with him, decrees of Parliament …   Wikipedia

• Mortgage law — This article is about the legal mechanisms used to secure the performance of obligations, including the payment of debts, with property. For loans secured by mortgages, such as residential housing loans, and lending practices or requirements, see …   Wikipedia

• Mortgage — A mortgage is the pledging of a property to a lender as a security for a mortgage loan. While a mortgage in itself is not a debt, it is evidence of a debt. It is a transfer of an interest in land, from the owner to the mortgage lender, on the… …   Wikipedia

• PLEDGE — The Concept In Jewish law, in addition to the personal right of action against the debtor, the creditor also has a right of lien on   the latter s property. This lien automatically comes into being when the debt is created and is termed aḥarayut… …   Encyclopedia of Judaism

• United States — a republic in the N Western Hemisphere comprising 48 conterminous states, the District of Columbia, and Alaska in North America, and Hawaii in the N Pacific. 267,954,767; conterminous United States, 3,022,387 sq. mi. (7,827,982 sq. km); with… …   Universalium

• UK mortgage terminology — This page gives descriptions of UK mortgage terminology which can often confuse borrowers.IntroductionThe UK mortgage market is one of the most innovative and competitive in the world. Most borrowing is funded by either mutual organisations… …   Wikipedia