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 Subscribers can also save a few dollars per month by prepaying in three-, six-, or 12-month increments. Amanda Prahl, Peoplemag, 25 Feb. 2023 The Adani Group plans to prepay a $500 million bridge loan due next month after some banks balked at refinancing the debt following a short seller report that sent the group’s assets tumbling. Suvashree Ghosh, Fortune, 8 Feb. 2023 There are also implications for thousands of home buyers who have prepaid for their units, the wider economy and domestic and international financial markets. Laura He, CNN, 29 Sep. 2023 Some concertgoers turned to an app called ParkWhiz that lets users prepay for spots at certain parking lots across the country and sends parking passes directly to users' phones. Fox19, The Enquirer, 30 June 2023 Entrance on Fort Dearborn Drive - $45 prepaid, $40 drive up. Drew Dawson, Journal Sentinel, 9 Sep. 2023 China’s falling prices are a more profound problem than U.S. inflation In 2020, Xi moved to crack down on excessive borrowing in the sector, straining developers who in most cases relied on buyers prepaying in full. Meaghan Tobin, Washington Post, 18 Aug. 2023 There are two main reasons why people prepay for their funeral. Good Housekeeping, 15 Aug. 2023 Players can prepay and reserve their spot for any round time that day. Claire Reid, Journal Sentinel, 17 July 2023 See More

These examples are programmatically compiled from various online sources to illustrate current usage of the word 'prepay.' Any opinions expressed in the examples do not represent those of Merriam-Webster or its editors. Send us feedback about these examples.

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.” Dictionary, Merriam-Webster, Accessed 30 Nov. 2023.

Kids Definition


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


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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