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prepay::verb | Spocien Dictionary
| Type | Words |
|---|---|
| Type of | pay |
| Derivation | prepayment |
Examples of prepay
prepay
The easiest deductible expense to prepay is your January 1st home mortgage bill.
From the foxbusiness.com
They book three weeks ahead and prepay to be in their street's annual clean-out.
From the nzherald.co.nz
Prepay customers declined by 6,000 and net reseller customers declined by 9,000.
From the foxbusiness.com
More often borrowers will prepay, either gradually or all at once by refinancing.
From the theatlantic.com
Boost Mobile is a prepay cell phone company that's a division of Sprint Nextel.
From the dailyherald.com
Caxton was recently named the best prepay card in the Moneyfacts Consumer Awards.
From the thisismoney.co.uk
Prepay a few 2009 bills and write off the expense from this year's tax return.
From the omaha.com
E-ZPass users prepay their toll charges and mount a transponder on their vehicles.
From the post-gazette.com
Prepay and net reseller customers declined by 18,000 and 32,000, respectively.
From the foxbusiness.com
- Pay for something before receiving it
- (prepayment) payment in advance
- (prepaid) postpaid: used especially of mail; paid in advance
- Prepaid refers to services paid for in advance. Examples include tolls, pay as you go cell phones, and stored-value cards such as gift cards and preloaded credit cards. Prepaid accounts are assets, and they are increased by debiting the account(s).
- To pay in advance, or beforehand; as, to prepay postage
- (prepayment) The act of fully or partially paying off the outstanding balance of a loan at any point during the term of the loan at a time earlier than set out in the contract.
- A Prepayment is a type of asset arising from the fact that the business has alreasy been invoiced for the right to all or part of a service in a future period e.g. rent for next year, paid this year.
- (Prepayment) Any amount paid on a loan by the borrower before it is required to be paid under the terms of the promissory note. There is never a penalty for prepaying principal or interest on Direct Loans.
- (Prepayment) Allows the borrower to prepay a portion or all of the principal mortgage balance, with or without penalty, ahead of schedule. This decreases the total amount of interest paid over the life of your mortgage. This option is typically restricted to specific amounts and times.
