prepayment
priˈpeɪmənt
Definition Synonyms

Definition of prepayment - Reverso English Dictionary

Noun

1.
early paymentpayment made before it is due
  • The prepayment for the concert tickets was required.
advance payment deposit
2.
accountingTECH.asset for expenses paid in advanceTECH.
  • The company recorded the rent as a prepayment.
advance payment
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Expressions with prepayment

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fee for early loan repayment
The mortgage had a prepayment penalty for early settlement.

Origin of prepayment

Latin, prae (before) + payment (payment)

Terms with prepayment included in their meaning

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prepayment
money paid before a service or product is received
prepayment
requiring payment before service
finance
prepayment of a debt to reduce interest

Examples of prepayment in a sentence

  • Prepayment of the invoice was necessary to start the project.
  • The insurance was listed as a prepayment in the accounts.
  • Prepayment of the loan saved them interest costs.

View all translations of prepayment

Click below to see the appropriate translations facing each meaning.
  1. French:paiement anticipé, avance, ...
  2. German:Vorauszahlung, ...
  3. Italian:pagamento anticipato, ...
  4. Spanish:prepago, pago anticipado, ...
  5. Portuguese:pagamento antecipado, ...
  6. Chinese:预付款, 预付费用, ...
  7. Japanese:前払い, 前払金, ...
  8. Arabic:دفع مسبق, دَفْع مُقَدَّم, ...
  9. Hebrew:תַּשְׁלוּם מֵרֹאשׁ, מִקְדָּמָה, ...
  10. Russian:предоплата, предварительная оплата, ...
  11. Ukrainian:передоплата, попередня оплата, ...
  12. Hindi:पूर्व भुगतान, लेखांकन संपत्ति, ...

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