prepay

verb

pre·​pay (ˌ)prē-ˈpā How to pronounce prepay (audio)
prepaid (ˌ)prē-ˈpād How to pronounce prepay (audio) ; prepaying

transitive verb

: to pay or pay the charge on in advance
prepayment noun

Examples of prepay in a Sentence

Special orders must be prepaid.
Recent Examples on the Web
Examples are automatically compiled from online sources to show current usage. Read More Opinions expressed in the examples do not represent those of Merriam-Webster or its editors. Send us feedback.
Additionally, shareholders taking part in the process are entitled to interest of five percent above the Federal Reserve interest rate, which equates to roughly nine percent from when the deal closed to the court’s decision, though companies are allowed to prepay to save on accrual. Winston Cho, HollywoodReporter, 3 Apr. 2025 Other redemption options include a statement credit, prepaid U.S. Bank Rewards Cards, or depositing the cash back into a U.S. Bank checking or savings account. Ryley Amond, CNBC, 31 Mar. 2025 The act prohibited individuals and companies from prepaying, assisting, or encouraging the immigration of contract workers—in other words, foreigners immigrating under contracts or agreements to work in the United States and its territories. Made By History, Time, 26 Mar. 2025 The local company will prepay CordenPharma $150 million over the course of four years from 2025 through 2028. Natallie Rocha, San Diego Union-Tribune, 25 Mar. 2025 See All Example Sentences for prepay

Word History

First Known Use

1839, in the meaning defined above

Time Traveler
The first known use of prepay was in 1839

Browse Nearby Words

Cite this Entry

“Prepay.” Merriam-Webster.com Dictionary, Merriam-Webster, https://www.merriam-webster.com/dictionary/prepay. Accessed 8 Apr. 2025.

Kids Definition

prepay

verb
pre·​pay (ˈ)prē-ˈpā How to pronounce prepay (audio)
prepaid -ˈpād How to pronounce prepay (audio) ; prepaying
: to pay or pay for in advance
prepayment noun

Legal Definition

prepay

transitive verb
pre·​pay prē-ˈpā How to pronounce prepay (audio)
prepaid; prepaying
: to pay or pay the charge on in advance (as of date due or maturity date)
no penalty for prepaying your student loan
prepayment noun

More from Merriam-Webster on prepay

Last Updated: - Updated example sentences
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