Acquisition Charge

Business, Legal & Accounting Glossary

Definition: Acquisition Charge


Acquisition Charge


Full Definition of Acquisition Charge


A fee imposed upon a borrower who satisfies a loan prior to the date of payment specified in the loan agreement.

Many home mortgages provide that if the persons who borrowed the money want to repay their mortgage within two years, they must pay an acquisition charge of a small percentage of the outstanding balance of the mortgage. A prepayment penalty is another name for acquisition charge.


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https://payrollheaven.com/define/acquisition-charge/
Modern Language Association (MLA):
Acquisition Charge. PayrollHeaven.com. Payroll & Accounting Heaven Ltd.
January 26, 2022 https://payrollheaven.com/define/acquisition-charge/.
Chicago Manual of Style (CMS):
Acquisition Charge. PayrollHeaven.com. Payroll & Accounting Heaven Ltd.
https://payrollheaven.com/define/acquisition-charge/ (accessed: January 26, 2022).
American Psychological Association (APA):
Acquisition Charge. PayrollHeaven.com. Retrieved January 26, 2022
, from PayrollHeaven.com website: https://payrollheaven.com/define/acquisition-charge/

Definition Sources


Definitions for Acquisition Charge are sourced/syndicated and enhanced from:

  • A Dictionary of Economics (Oxford Quick Reference)
  • Oxford Dictionary Of Accounting
  • Oxford Dictionary Of Business & Management

This glossary post was last updated: 8th October, 2021 | 0 Views.