prepayment Antonyms
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Meaning of prepayment
Wordnet
prepayment (n)
payment in advance
prepayment Sentence Examples
- The company offers a prepayment option, allowing customers to pay for services or products in advance.
- A prepayment can secure discounts or ensure timely delivery.
- The tenant made a prepayment of two months' rent before moving in.
- The insurance policy requires an annual prepayment, which covers the cost of coverage for the entire year.
- The seller requested a prepayment of 25% on all orders over a certain amount.
- The utility bill includes a line item for prepayment, which covers estimated future usage.
- The vendor takes prepayment only for large-scale projects, as a way to mitigate risks.
- Customers can make prepayments online or through the company's mobile app.
- The loan agreement stipulates that prepayments reduce the principal balance and lower future interest payments.
- The government introduced a prepayment penalty for mortgages, aimed at discouraging homeowners from paying off their loans too quickly.
FAQs About the word prepayment
payment in advance
repayment, overpayment, reimbursement, paying off, paying,paying up, tendering, compensation,payment, remuneration
nonpayment, nonpayment,,underpayment, underpayment
The company offers a prepayment option, allowing customers to pay for services or products in advance.
A prepayment can secure discounts or ensure timely delivery.
The tenant made a prepayment of two months' rent before moving in.
The insurance policy requires an annual prepayment, which covers the cost of coverage for the entire year.
