Payment made as compensation to lender for unpaid interest arising due to early payment of outstanding loan principal, refers to the make-whole provision.
Global Definitions Database
Make-Whole Margin
Source: INREV | Date: 26 February 2020 | ID: D0702 | Version: 2
Related
Make-Whole Provision
A provision which allows a borrower to repay a loan early, without lender consent, but s...