prepayment Definition and Meaning in English (prepayment definition)

noun
Synonyms:advance paymentdown paymentdeposit
Quick Answer • Definition

Prepayment definition: The act of paying for something in advance, before it is due or before the goods or services are received.

Definitions of Prepayment

  1. 1noun

    The act of paying for something in advance, before it is due or before the goods or services are received.

Example Sentences

business

“The customer made a prepayment for the custom-made furniture.”

general

“Prepayment can sometimes offer a discount.”

Synonyms

advance paymentdown paymentdeposit

Antonyms

post-paymentdeferred payment

Inflected Word Forms

past participleprepaid
gerundprepaying

Frequently Asked Questions: Prepayment in English

What is the meaning of Prepayment in English?▼
Prepayment definition: The act of paying for something in advance, before it is due or before the goods or services are received.
How do you translate 'Prepayment' to English?▼
'Prepayment' translates to 'prepayment' in English. Prepayment definition: The act of paying for something in advance, before it is due or before the goods or services are received.
How do you pronounce 'Prepayment' and 'prepayment'?▼
Listen to clear English audio pronunciation of 'Prepayment' and native English audio speech for 'prepayment' with bilingual sentence examples on DictBridge.

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