payoff is the complete repayment of loan principal, interest and any other sums due; payoff occurs either over the scheduled full term of the loan, or through one or more prepayments.
Barry Goldsmith
| APA | Barry Goldsmith. (2010). payoff. Retrieved September 20, 2026, from http://smartdefine.org/payoff/definitions/1160329 |
| Chicago | Barry Goldsmith. 2010. "payoff" http://smartdefine.org/payoff/definitions/1160329 (accessed September 20, 2026). |
| Harvard | Barry Goldsmith 2010, payoff, Smart Define, viewed 20 September, 2026, <http://smartdefine.org/payoff/definitions/1160329>. |
| MLA | Barry Goldsmith. "payoff" 21 October 2010. Web. 20 September 2026. <http://smartdefine.org/payoff/definitions/1160329> |