prepayment

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Archived revision by Puisque (talk | contribs) as of 16:42, 26 December 2019.
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English

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.

Translations

Further reading