adjective
- funded or financed in advance before the actual need or use
Usage: business; finance
Examples
- The prefinanced project allowed construction to begin immediately.
- Investors preferred the prefinanced development over competing proposals.
- The company’s prefinanced expansion reduced financial risk.
- Prefinanced equipment purchases helped the startup avoid debt.
- The prefinanced loan made the acquisition possible.
- Municipal bonds provided prefinanced infrastructure improvements.