Make Whole Provision

Business, Legal & Accounting Glossary

Definition: Make Whole Provision


Make Whole Provision


Full Definition of Make Whole Provision


A provision that allows a borrower to prepay the remaining fixed rate term debt. However, the borrower has to make an additional payment that is derived from a formula based on the net present value of the future debt payments. This can often be significant, which is why such provisions are rarely invoked.


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https://payrollheaven.com/define/make-whole-provision/
Modern Language Association (MLA):
Make Whole Provision. PayrollHeaven.com. Payroll & Accounting Heaven Ltd.
March 29, 2024 https://payrollheaven.com/define/make-whole-provision/.
Chicago Manual of Style (CMS):
Make Whole Provision. PayrollHeaven.com. Payroll & Accounting Heaven Ltd.
https://payrollheaven.com/define/make-whole-provision/ (accessed: March 29, 2024).
American Psychological Association (APA):
Make Whole Provision. PayrollHeaven.com. Retrieved March 29, 2024
, from PayrollHeaven.com website: https://payrollheaven.com/define/make-whole-provision/

Definition Sources


Definitions for Make Whole Provision 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: 20th November, 2021 | 0 Views.