What is another word for PREPAID INTEREST?
Pronunciation: [pɹɪpˈe͡ɪd ˈɪntɹəst] (IPA) 
Prepaid interest refers to the interest paid upfront on a loan or mortgage. There are several synonyms for prepaid interest, including pre-paids, upfront interest, prepaid finance charges, front-end interest, and initial interest. These terms all refer to the same concept of paying the interest in advance, typically at the time of the loan. Prepaid interest is a common practice in the lending industry and is used to secure the loan and ensure that the lender receives the full amount of interest owed. Understanding the synonyms for prepaid interest can help borrowers better navigate the lending process and select the best loan for their needs.
