Repayment Date

Repayment Date

The date by which a borrower must repay the principal and interest on a loan in total. For example, a mortgage with a period of 10 years has a repayment date 10 years after it is issued. The repayment date also indicates the period of time during which the lender will receive interest (and often principal) payments. Despite the existence of a maturity date, many debts may be repaid early, though they may be subject to penalties in such cases.
References in periodicals archive ?
Also, the initial repayment date of the facilities is in 2019 but, at the option of the borrowers, the maturity of the facilities can be extended until 2022.
The contractor will offer a repayment date, Which will be assessed according to the criterion described in chap.
The rest of the tariff's value, 70%, will be charged at the exchange price as of the repayment date.
Property company Wihlborgs Fastigheter AB (STO:WIHL) on Friday announced the repurchase of SEK575m of bond loan 101 and 102 via Nya Svensk FastighetsFinansiering (Nya SFF), both with original repayment date of 9 March 2017.
9 billion of its bank debt - four years before the scheduled repayment date.
The announcement of the repayment date follows the company's successful conclusion of its restructuring agreement with lenders.
Tesco Loans have fixed monthly payments, no set-up charges and customers are able to choose their repayment date.
In 2007, Oxford Court asked the town to go the end of the line for repayment and to extend the repayment date to 2036.
Rick Crawford, Tim Griffin, Steve Womack and Tom Cotton--sent a letter to Agriculture Secretary Tom Vilsack last month requesting an extension of the repayment date by at least 180 days.
50 percent and a final repayment date of April 1, 2067.
A It's likely that the terms and cs onditions of your mortgage will include a statement to the effect that you will repay the capital amount of the loan on the repayment date.
5 Dean: If a Wonga customer cannot pay their loan on the repayment date and they want to agree more time to pay as opposed to an extension to the loan will you agree to this?