Home > Term: Payoff amount
Payoff amount
The amount a borrower (or other loan parties) would pay to a Lender in order to fully repay and satisfy its outstanding obligations under a loan facility and request termination of such facility.
- Μέρος του λόγου: noun
- Κλάδος/Τομέας: Financial services
- Category: Funds
- Company: Merrill Lynch
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- Harry8L
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(London, United Kingdom)