Definition of PREPAYMENT

prepayment

Meanings

Plural: prepayments

Noun

  • payment in advance
  • A payment in advance.
  • An asset recognized in respect an expense incurred in a period for which the benefit will be received in a future period.

Origin / Etymology

From pre- + payment.

Scrabble Score: 19

prepayment is a valid Scrabble (US) TWL word
prepayment is a valid Scrabble Word in Merriam-Webster MW Dictionary
prepayment is a valid Scrabble Word in International Collins CSW Dictionary

Words With Friends Score: 22

prepayment is a valid Words With Friends word