Русско-англо-русский юридический словарь

The IRS has ruled that no charitable deduction is allowable with respect to a CLT that gives the trustee the power to commute and prepay the charitable beneficiary the value of the future annuity payments which it is entitled to receive. [...] The right of the trustee to commute and prepay the annuity deprives the charitable beneficiary of the right to receive payments of a fixed amount over a specified term. (Price on Contemporary Estate Planning (2009))

A trade finance transaction in which a bilateral or syndicated loan facility is made available to a borrower (the trader). The trader uses the loan to prepay for goods (typically a commodity) to be supplied to it by the producer of those goods under an export contract between the producer as seller and the trader as buyer. (Practical Law)

In corporate financings, certain loan agreements require that a prepayment fee must be paid by the borrower if it elects to prepay all or part of the loans. (Practical Law - Thomson Reuters)