Definition, Meaning & Synonyms
pre-pay
verb
/priː ˈpeɪ/
Definition
To pay for something in advance.
Examples
- You need to pre-pay for your tickets to secure your reservation.
- Many subscription services require you to pre-pay for a year of service.
- They offer a discount for customers who choose to pre-pay their monthly bills.
Meaning
Pre-pay refers to the act of making a payment before the service or product is received or utilized.
Synonyms
- Advance payment
- Prepayment
- Upfront payment
