Used in a Sentence

prepayment

Definitions, parts of speech, synonyms, and sentence examples for prepayment.

Editorial note

Moto360 and others are even competing against this point with a price lower than just the contract prepayment.

Examples15
Definitions2
Parts of speech1

Quick take

A payment in advance.

Meaning at a glance

The clearest senses and uses of prepayment gathered in one view.

noun

A payment in advance.

noun

(accounting) An asset recognized in respect an expense incurred in a period for which the benefit will be received in a future period.

Definitions

Core meanings and parts of speech for prepayment.

noun

A payment in advance.

noun

(accounting) An asset recognized in respect an expense incurred in a period for which the benefit will be received in a future period.

Example sentences

1

Moto360 and others are even competing against this point with a price lower than just the contract prepayment.

2

Norway has prepayment of any amount without penalties (for variable interest loans, the most common variant here) by law.

3

Modeling prepayment rates, default rates, etc especially as they relate to rate changes and economic inputs is surprisingly hard.

4

You might be able to get prepayment from them if you give them an exclusive.

5

In many other countries fixed rate mortgages typically contain a prepayment penalty to compensate banks for this risk, but US mortgages almost never contain such provisions.

6

Given that Next is effectively a 0% interest financing plan with no prepayment penalties, it's easy to compare the market rate for your used device vs.

7

With reserved instances, prepayment, and other tricks you can about halve AWS costs at scale.

8

, no federal student loans have prepayment penalties, and it is illegal for private student loans to charge them as well as of 2008.

9

AMT and prepayment of some taxes and stuff and my overall lack of financial discipline made it really hard for me to figure out how much tax I owed specifically on the stock.

10

It feels like this article starts by claiming that prepayment adds unnecessary complexity to loans, moves on to show that default happens for precisely the reasons you would expect, and then says that we need to do more research on prepayment without really suggesting why prepayment might be a problem here.

Quote examples

1

The terms are generally extremely predatory and often result in ownership transferring mid loan to the lender, or high "prepayment" penalties.

2

I've heard about restaurants wanting charge for reservations by "prepayment of the meal", and it's somewhere I wouldn't go to.

Proper noun examples

1

Prepayment for at least some of the growing cost would be nice for the growers (CSA style).

2

Prepayment is a problem for the lender, not the borrower.

3

Prepayment seems like a pretty straightforward way to reduce risk.

Frequently asked questions

Short answers drawn from the clearest meanings and examples for this word.

How do you use prepayment in a sentence?

Moto360 and others are even competing against this point with a price lower than just the contract prepayment.

What does prepayment mean?

A payment in advance.

What part of speech is prepayment?

prepayment is commonly used as noun.