prepayment
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English
[edit]Alternative forms
[edit]Etymology
[edit]Noun
[edit]prepayment (plural prepayments)
- A payment in advance.
- (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
[edit]Translations
[edit]payment in advance
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Further reading
[edit]- prepayment on Wikipedia.Wikipedia