Curtailment (electricity) - Wikipedia In the electric power industry, curtailment is an involuntary reduction of the electric generator output (" dispatch down ") made to maintain grid stability (for example, in grid balancing)
What Is a Curtailment Payment on a Loan? - LegalClarity A curtailment payment is any monetary amount sent to a lender that exceeds the regularly scheduled monthly installment The borrower must unambiguously designate that the funds are solely for reducing the outstanding principal
What is mortgage curtailment? | Rocket Mortgage Borrowers can choose partial or full mortgage curtailment options by making extra payments of any size When you choose to make extra mortgage payments, you’ll satisfy some, or all, of your mortgage loan balance ahead of schedule
curtailment noun - Definition, pictures, pronunciation and usage notes . . . Definition of curtailment noun from the Oxford Advanced Learner's Dictionary the act of limiting something or making it last for a shorter time Questions about grammar and vocabulary? Find the answers with Practical English Usage online, your indispensable guide to problems in English