Money Glossary - E

A, B, C, D, E, F, G, H, I, L, M, P, R, S, T, U, V, Y




Money terms defined on this page:
For a full glossary list click here




Early settlement fee / early repayment charge

This is a charge that some lenders make if you want to repay your loan before the date you originally agreed upon. The fee is normally the equivalent of one or two months’ interest. Not all lenders make this charge.
Back to top of page