Definitions

from The Century Dictionary.

  • noun The act of paying beforehand; payment in advance, as of postage or rent.

from the GNU version of the Collaborative International Dictionary of English.

  • noun Payment in advance.

from Wiktionary, Creative Commons Attribution/Share-Alike License.

  • noun A payment in advance.

from WordNet 3.0 Copyright 2006 by Princeton University. All rights reserved.

  • noun payment in advance

Etymologies

Sorry, no etymologies found.

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Examples

  • I never worked in this area but prepayment is one of the factors that goes into the value of a mortgage security -- a pool with many prepayments will have a different value than an identical pool with a different prepayment record.

    Mortgages, Securities, and Bailouts, Arnold Kling | EconLog | Library of Economics and Liberty 2009

  • The Center for Responsible Lending analyzed the Rose study and concluded that it was likely of little value due to the small number of loans and limited geographic area reviewed , omission of key variables such as housing prices and unemployment rates and limit of study to rare long term prepayment penalty features.

    Hurricane Katrina and Mark Kirk Forget to Send Bottled Water Ellen Beth Gill 2008

  • Two of them having inspected our loads and having received the required number of khatas in prepayment for their services, returned next morning with an insufficient number of camels, and one of those they did bring could not carry a heavy load.

    With the Tibetans in Tent and Temple: Narrative of Four Years' Residence on the Tibetan Borders, and of a Journey into the Far Interior 1901

  • But the wealthy Egyptian more commonly provided for the future of his Ka by bequeathing a portion of his estate to the priesthood, in prepayment for sepulchral meals in perpetuity.

    Pharaohs, Fellahs and Explorers 1891

  • Long-term prepayment transferred to property, plant and equipment 439,777 -

    BioSpace.com Featured News and Stories 2010

  • "Considering these near-term prepayment receipts and our plan to sign at least one more supply agreement, we feel the (equity distribution agreement) is no longer the appropriate financing tool for Hoku," Chief Executive Dustin Shindo said in a statement.

    Starbulletin Headlines 2008

  • "Considering these near-term prepayment receipts and our plan to sign at least one more supply agreement, we feel the (equity distribution agreement) is no longer the appropriate financing tool for Hoku," Chief Executive Dustin Shindo said in a statement.

    Starbulletin Headlines 2008

  • "Considering these near-term prepayment receipts and our plan to sign at least one more supply agreement, we feel the (equity distribution agreement) is no longer the appropriate financing tool for Hoku," Chief Executive Dustin Shindo said in a statement.

    Starbulletin Headlines 2008

  • "Considering these near-term prepayment receipts and our plan to sign at least one more supply agreement, we feel the (equity distribution agreement) is no longer the appropriate financing tool for Hoku," Chief Executive Dustin Shindo said in a statement.

    Starbulletin Headlines 2008

  • "Considering these near-term prepayment receipts and our plan to sign at least one more supply agreement, we feel the (equity distribution agreement) is no longer the appropriate financing tool for Hoku," Chief Executive Dustin Shindo said in a statement.

    Starbulletin Headlines 2008

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