Printer friendly

What does PPP stand for?

PPP stands for Prepayment Penalty

This definition appears very rarely and is found in the following Acronym Finder categories:

  • Business, finance, etc.

See other meanings of PPP

Other Resources:
We have 644 other definitions for PPP in our Acronym Attic

Samples in periodicals archive:

A sliding scale prepayment penalty schedule, also called the graduated prepayment or, more appropriately, the declining percentage prepayment, is easiest to understand: the borrower is required to pay the lender a certain percentage of the amount being prepaid as a penalty.
Loan terms--such as fee limitations, interest usury ceilings, permissible accrual methods, late fee and grace period provisions, and prepayment penalty restrictions--are not only addressed, but treated appropriately based on how parties are licensed or chartered, as well as according to the transaction type.