prepayment

1. A payment in advance.
2. An asset recognized in respect an expense incurred in a period for which the benefit will be received in a future period.

Etymology

From pre- + payment.

Synonyms

advance payment

advance

payment in advance

down payment

earnest

lead

payment on account

retainer

advanced payment

voluntary payment

advance payments

cash advance

Translations

Vorauszahlung

przedpłata

prepagamento

pagamento antecipado

prépaiement

Anzahlung

Frankierung

προπληρωμή

acconto

vooruitbetaling

προκαταβολή

affranchissement

pago adelantado

الدفع المقدم

ön ödeme