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Vinony

prepayment

noun

  1. pay in advance
L325870 on Wikidata ↗

Wiktionary

noun

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.

  1. A payment in advance.
  2. A cost paid in a fiscal year prior to the fiscal year in which the cost is recognized