What does prepayment mean?

Definitions for prepayment

This dictionary definitions page includes all the possible meanings, example usage and translations of the word prepayment.

Princeton's WordNet

  1. prepaymentnoun

    payment in advance


  1. prepaymentnoun

    A payment in advance.


  1. prepayment

    Prepayment refers to the payment of a debt or obligation in full before it is due or expected. This can include early loan repayments, payments of goods or services in advance, or any other financial arrangement where money is paid upfront prior to receiving the service or product. Prepayment can sometimes result in penalties or discounts, depending on the terms defined by the lender or service provider.

Webster Dictionary

  1. Prepaymentnoun

    payment in advance

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How to pronounce prepayment?

How to say prepayment in sign language?


  1. Chaldean Numerology

    The numerical value of prepayment in Chaldean Numerology is: 7

  2. Pythagorean Numerology

    The numerical value of prepayment in Pythagorean Numerology is: 7

Examples of prepayment in a Sentence

  1. White House:

    In effect, the Billionaire Minimum Income Tax payments are a prepayment of tax obligations these households will owe when they later realize their gains, this approach means that the very wealthiest Americans pay taxes as they go, just like everyone else, and eliminates the inefficient sheltering of income for decades or generations.

  2. Energy Minister Alexander Novak:

    We are counting on a new prepayment for Russian gas being made on time ... There should be no break in gas supplies to European customers.

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Translations for prepayment

From our Multilingual Translation Dictionary

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"prepayment." Definitions.net. STANDS4 LLC, 2023. Web. 6 Dec. 2023. <https://www.definitions.net/definition/prepayment>.

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