make-whole premium
C2CEFR level
90/100Rarity: very rare
TechnicalRegister
A prepayment amount compensating lenders for lost future interest when debt is retired ahead of schedule.
Refinancing before the call date meant swallowing a hefty make-whole premium on the whole tranche.
Rarity runs from 0 (a word everyone knows) to 100 (almost never seen outside specialist or literary writing). Level is the word's real difficulty on the CEFR scale, from A1 to C2.
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