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.
prepayment Meaning
Wordnet
prepayment (n)
payment in advance
Synonyms & Antonyms of prepayment
Synonyms:
Antonyms:
FAQs About the word prepayment
payment in advance
overpayment, reimbursement,repayment, paying,paying up, paying off, remittance, disbursement, remuneration, giving
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.
