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Prepay (Verb)

Meaning

Pay for something before receiving it.

Classification

Verbs of buying, selling, owning.

Examples

  • You can prepay your tuition fees for the entire academic year to receive a discount.
  • The mobile phone company requires customers to prepay for their monthly plans.
  • She decided to prepay the rent for a few months to secure the apartment.
  • Some utility providers allow customers to prepay for energy usage to avoid unexpected bills.
  • The new subscription service lets users prepay for a year of streaming services at a discounted rate.

Related Words

  • Prepayment (noun)
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