Type and usage of prepayment from BoostVocab

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prepayment

pri'peɪmʌnt

Synonyms of prepayment Antonyms of prepayment Examples of prepayment Usage of prepayment Parts of prepayment Definition that contains prepayment Words sounding like prepayment Explanation of prepayment

noun
payment in advance
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type of:
defrayal defrayment payment

Definition that contains prepayment

insurance promise of reimbursement in the case of loss; paid to people or companies so concerned about hazards that they have made prepayments to an insurance company