1. funded or financed in advance; having money set aside or allocated beforehand
Usage: commonly used in finance, pensions, and government contexts

Examples

• The prefunded pension plan ensures that retirees will receive their benefits on schedule.
• The city established a prefunded account to cover future infrastructure repairs.
• A prefunded college savings plan allows parents to lock in tuition rates early.
• The prefunded trust was designed to support the charity's operations for decades.
• The government approved a prefunded healthcare initiative to reduce future budget shortfalls.