- To pay back; to refund; as, to repay money borrowed or
advanced. - To make return or requital for; to recompense; -- in a
good or bad sense; as, to repay kindness; to repay an injury. - To pay anew, or a second time, as a debt.
Prepayment risk Prepayment risk means a risk carried by many securitized assets in which some of these assets (usually loans) are paid off early and the i
Prepayment Prepayment is paying for goods at the time the order is placed and prior to receipt of the goods.