anticipation

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Related to prepayment: prepayment clause, Prepayment penalty, Prepayment Risk

anticipation

Music an unstressed, usually short note introduced before a downbeat and harmonically related to the chord immediately following it

Anticipation

 

in psychology and philosophy, the ability to react to events ahead of time. This concept of “anticipation” is closest to the concept introduced in psychology by the German scientist W. Wundt. Psychologists distinguish two senses in which the term “anticipation” is used: (1) an organism’s expectation of a certain situation, which is manifested in some pose or movement; and (2) manifestation by a human being of the results of his action even before the action is performed (hence the definition of the goal as the anticipated subject).

In philosophy, the concept of anticipation is encountered as far back as the Stoics and Epicureans in reference to prolepsis—the general concept of knowledge before the perception of concrete individual things directly from the Logos. F. Bacon took a firm position against anticipation, proceeding from the principle that nature has to be studied, not anticipated. Kant used the term to mean “a priori knowledge of subjects of perception before the perceptions themselves.”

In logic, anticipation is used to denote temporary acceptance of a proposition which is to be proved subsequently, as if it were already proven.

V. A. KOSTELOVSKII

anticipation

[an‚tis·ə′pā·shən]
(genetics)
The occurrence of a phenotype at a younger age or in a more severe form in succeeding generations of a family.
References in periodicals archive ?
who source green electricity, don't charge prepayment meter customers more than others.
Last year in South Wales the average bill for both fuels is pounds 988 for direct debit customers, pounds 1074 for standard credit customers and pounds 1126 for prepayment meter customers.
The technical term lenders use to capture this costly inconvenience is prepayment risk.
As the interest rate on Federal tax underpayments increases (8% for the calendar quarter beginning July 1,2006), taxpayers facing a tax liability dispute with the IRS are even more likely to consider making voluntary prepayments to obviate the effects of any interest and penalties.
Nearly 380,000 homes in Wales are fitted with prepayment gas and electricity meters.
One of the main attractions of the direct prepayment strategy is its simplicity.
ACORN also demanded that Ocwen refund all prepayment penalties and other tees it has received from people living or working in the disaster area.
In exchange for a borrower accepting the prepayment penalty, an investor will often accept a lower interest rate on the mortgage.
Like earlier versions, NNPM ranks loans in order of their prepayment probability and produces prepayment speed estimates.
The trust instrument also provided that if "as a matter of law" the trustees could prepay amounts due to the charities without endangering the $15 million gift-tax charitable deduction, they could make prepayments.
Investments with prepayment risk -- The FASB added this subproject to its agenda in January 1991 at the request of the EITF.
When it comes to prepayment risk, early mortgage principal repayments narrow the spread between the interest earned on the mortgage certificate collateral and the interest paid on the bonds reducing the future cash flow to the CMO residual.