verb
- to pay for something in advance before receiving it or using it
Examples
- You can prepay your phone bill for the entire year.
- The hotel requires guests to prepay for their stay.
- I decided to prepay my insurance premium to get a discount.
- Students must prepay for their meal plans before the semester begins.
- The company offers customers the option to prepay for shipping costs.
- She chose to prepay her mortgage to save on interest charges.