FluentPlex

prepayment

/ˌpɹiːˈpeɪ.mənt/ noun C2
  1. A payment in advance.
  2. A cost paid in a fiscal year prior to the fiscal year in which the cost is recognized

Plural prepayments

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Words, meanings, pronunciations and translations from Wiktionary (CC BY-SA 4.0); how common each word is from wordfreq. Made into this dictionary by FluentPlex.