prepayment

prepayment

English

Alternative forms

pre-payment

Etymology

Etymology tree

Proto-Indo-European *per-

Proto-Indo-European *preh₂-

Proto-Indo-European *-i

Proto-Indo-European *préh₂i?

Proto-Italic *prai

Proto-Italic *prai-

Latin prae-lbor.

Middle English pre-

English pre-

English payment

English prepayment

From pre- + payment.

Pronunciation

Audio (US): (file)

Noun

prepayment (plural prepayments)

A payment in advance.
(accounting) A cost paid in a fiscal year prior to the fiscal year in which the cost is recognized

Derived terms

Translations

payment in advance

Chinese:
Mandarin: 預付 / 预付 (zh) (yùfù), 先付 (zh) (xiānfù)
Finnish: ennakkomaksu (fi), ennakko (fi)
French: prépaiement (fr) m
German: Vorauszahlung (de) f
Greek: προκαταβολή (el) f (prokatavolí), προπληρωμή (el) f (propliromí)
Irish: réamhíocaíocht f, íocaíocht roimh ré f
Italian: anticipo (it)
Japanese: 元払い (もとばらい, motobarai)
Norwegian:
Bokmål: forhåndsbetaling m or f
Polish: przedpłata (pl) f
Russian: предопла́та (ru) f (predopláta), ава́нс (ru) m (aváns)

A cost paid in a fiscal year prior to the fiscal year in which the cost is recognized

Finnish: (if the cost is recognized as an asset) ennakkomaksu (fi); (if the cost is recognized as an expense) siirtosaaminen (fi)

Further reading

prepayment on Wikipedia.Wikipedia