prepayment

noun

Definition of prepaymentnext
as in repayment

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Example Sentences

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.
Recent Examples of prepayment None of the lenders on CNBC Select's list of the best personal loans charge a prepayment penalty. — Dan Avery,megan Dematteo, CNBC, 8 Oct. 2026 The tasting menu is still reservation only, but prepayment is no longer required. — Heidi Finley, Charlotte Observer, 6 Oct. 2026 When comparing offers, look at the interest rate, repayment term, payment frequency, fees, collateral requirements, personal guarantees and prepayment terms. — Joseph Lustberg, Forbes.com, 2 Sep. 2026 SoFi offers private student loans and refinancing options with no origination, late, or prepayment fees. — Rebecca Safier, USA Today, 28 Aug. 2026 Some states, including Maryland, prohibit certain hospitals from requiring prepayment simply to avoid offering financial assistance. — Julie Appleby, CBS News, 12 Aug. 2026 Red flags travelers should watch out for include tour operators that offer enticingly low prices or require prepayment. — Jessica Puckett, Travel + Leisure, 31 July 2026 Earlier this year, Oklo announced a power agreement with Meta that included prepayment provisions designed to support project development. — Aamir Khollam, Interesting Engineering, 19 June 2026 There is no prepayment penalty. — Jeff Lazerson, Oc Register, 14 May 2026
Recent Examples of Synonyms for prepayment
  1. repayment
  2. reimbursement
  3. overpayment
Noun
  • While the initial rate on a HELOC may be substantially lower than your credit card rates, future rate increases could make repayment more expensive.
    — Angelica Leicht, CBS News, 22 Oct. 2026
  • Because the financing is structured as debt, the business remains responsible for repayment regardless of when customers pay their invoices, and borrowing capacity can change as the value of eligible collateral changes.
    — Andrew Coon, Forbes.com, 20 Oct. 2026
Definition of repayment
Noun
  • In a separate prescription fraud scheme, Christina Mareik, 61, of Whittier, was charged for her role in allegedly submitting thousands of bogus prescriptions for high-reimbursement generic drugs to Medi-Cal, California's Medicaid program.
    — Louis Casiano, FOXNews.com, 22 Oct. 2026
  • Other schools have opted out of CEP because the drop in SNAP participation means less federal reimbursement, leaving schools unable to cover the remaining meal costs.
    — Lauren Lumpkin, Washington Post, 22 Oct. 2026
Definition of reimbursement
Noun
  • And don't wait to address the problem simply because the overpayment appears obvious.
    — Angelica Leicht, CBS News, 24 Aug. 2026
  • The federal indictment indicates that on or about the date the overpayment was deposited, Cherfilus-McCormick sent her brother a text message with a screenshot of the account’s $5 million balance.
    — Anthony Man, Sun Sentinel, 12 Aug. 2026
Definition of overpayment

Browse Nearby Words

prepaying
prepayment
prepayments
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Cite this Entry

“Prepayment.” Merriam-Webster.com Thesaurus, Merriam-Webster, https://www.merriam-webster.com/thesaurus/prepayment. Accessed 26 Oct. 2026.

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