Anticipation

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Anticipation

Paying what is owed before it is due (usually to save interest charges).

Prepayment

1. The payment of a debt in full before it is due. Prepayment is good for the borrower because it relieves him/her of the debt, but it deprives the lender of interest he/she would have received otherwise. As a result, some lenders attach prepayment penalties to loans to disincentivize prepayments. Prepayment can me a major risk to collateralized mortgage obligations as coupon payments are based on interest received from the underlying mortgages. Less commonly, this is called anticipation. See also: Prepayment risk.

2. Payment in advance for a good or service not yet received.
References in classic literature ?
I opened this particular letter with all the zest of pleasurable anticipation with which I had opened so many others.
The boy was in the lead, excitement and anticipation carrying him ahead of his companion to whom the attainment of their goal meant only sorrow.
Based on the theory of cognitive psychology (Sternberg, Sternberg, & Mio, 2008), we put forward negative anticipations (Zhang, Zhang, & Wang, 2010) as a mediator, and inferred that supervisor narcissism would increase negative anticipations of employee voice behavior, resulting in employee silence.
Thus, there may be great differences in the influence of supervisor narcissism on employees' negative anticipations because of the difference in quality of the leader--member exchange (LMX) relationship (Dienesch & Liden, 1986).
In the past period, several international financial institutions published their anticipations and all have similar conclusion.
Mutiny at the margins; new perspectives on the Indian uprising of 1857; v.1: Anticipations and experiences in the locality.
Company EBITDA went up by 21% to R2b ($68m), basically in line with our anticipations of $67m.
Whose Anticipations? In Anticipatory Behavior in Adaptive Learning Systems.
Although existing literature suggests that client anticipations affect career counseling, previous studies have not systematically assessed client anticipations prior to using computer-assisted career guidance (CACG) systems in career counseling.
Your futures consist of anticipations, hopes, fictions, predictions, beliefs, unknowns, visions, hunches, forecasts, illusions, and aspirations.
There are four sections: The Text, the Reader, and the Self; Gender and Genre; Continuities and Discontinuities; and Anticipations.
Anticipation: That's what this Season Preview issue is all about, from its jaunty cover image of three elegantly bedecked actresses from the Alliance Theatre Company of Atlanta's upcoming production of Regina Taylor's Crowns, to its final page, a light-hearted 20 Questions interview with Canadian-born Michael Healey, author of the most-produced play of the coming season, The Drawer Boy.