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.
The Starlink service also requires a $70 monthly fee, which, due to American sanctions on Iranian banks, needs a convoluted series of steps involving crypto and prepaid credit cards. Danielle Chemtob, Forbes, 18 Dec. 2024 Fans can prepay and reserve parking spots on PMC's website, with prices ranging from $15 to $60. Cassandra Stephenson, The Tennessean, 21 May 2024 On the upside, by fully prepaying these loans, SMCI has eliminated the need to meet this reporting deadline. Trefis Team, Forbes, 29 Nov. 2024 By William Baldwin, Senior Contributor Your financial advisor may be all fired up about prepaying tax on an IRA, converting it into a totally tax-free Roth IRA. William Baldwin, Forbes, 23 Nov. 2024 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

Dictionary Entries Near prepay

Cite this Entry

“Prepay.” Merriam-Webster.com Dictionary, Merriam-Webster, https://www.merriam-webster.com/dictionary/prepay. Accessed 26 Dec. 2024.

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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