prepayment

English

Alternative forms

• pre-payment

Etymology

Etymology tree

Proto-Indo-European *per-

Proto-Indo-European *preh₂-

Proto-Indo-European *-i

Proto-Indo-European *préh₂i?

Proto-Italic *prai

Proto-Italic *prai-

Latin prae-lbor.

Middle English pre-

English pre-

English payment

English prepayment

From pre- + payment.

Pronunciation

• IPA^(key): /ˌpɹiːˈpeɪ.mənt/

• Audio (US):

  (file)

Noun

prepayment (plural prepayments)

1. A payment in advance.
2. (accounting) A cost paid in a fiscal year prior to the fiscal year in which the cost is recognized

Derived terms

• nonprepayment
• prepayment penalty

Translations

payment in advance

• Chinese:

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

• Finnish: ennakkomaksu (fi), ennakko (fi)
• 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 (pl) f
• Russian: предопла́та (ru) f (predopláta), ава́нс (ru) m (aváns)

A cost paid in a fiscal year prior to the fiscal year in which the cost is recognized

• Finnish: (if the cost is recognized as an asset) ennakkomaksu (fi); (if the cost is recognized as an expense) siirtosaaminen (fi)
• Polish: przedpłata (pl) f

Further reading

• prepayment on Wikipedia.Wikipedia