prepayment

English

Alternative forms

• pre-payment

Etymology

pre- +‎ payment

Noun

prepayment (plural prepayments)

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

Derived terms

• prepayment penalty

 

Translations

payment in advance

• Chinese:

  Mandarin: 預付／预付 (zh) (yùfù), 先付 (zh) (xiānfù)

• Finnish: ennakkomaksu (fi), ennakko (fi); (if it is considered "credit expected to be paid in a latter accounting period") siirtosaaminen
• French: prépaiement (fr) m
• German: Vorauszahlung (de) f
• Greek: προκαταβολή (el) f (prokatavolí), προπληρωμή (el) f (propliromí)
• Irish: réamhíocaíocht f, íocaíocht roimh ré f
• Italian: anticipo (it)
• Japanese: 元払い (もとばらい, motobarai)
• Norwegian:

  Bokmål: forhåndsbetaling m or f

• Polish: przedpłata f
• Russian: предопла́та (ru) f (predopláta), ава́нс (ru) m (aváns)

Further reading

• prepayment on Wikipedia.Wikipedia