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prepay

[pree-pey] /priˈpeɪ/
verb (used with object), prepaid, prepaying.
1.
to pay or arrange to pay beforehand or before due:
to prepay the loan.
Origin
1830-1840
1830-40; pre- + pay1
Related forms
prepayable, adjective
prepayment, noun
Dictionary.com Unabridged
Based on the Random House Dictionary, © Random House, Inc. 2014.
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Examples from the web for prepay
  • It was possible to prepay postage, but mostly it was the recipient's responsibility to pay the fees.
  • Set a price before you embark and prepay, if possible.
  • If you prepay for checked bags online, don't expect a discount.
  • Customers without billing accounts must prepay base search and base expedited fees.
  • Apartments to prepay its mortgage and terminate the low income use restrictions on the property.
  • As a result, when you prepay, the total amount you must pay will equal the principal plus the earned interest and other charges.
  • If you decide to prepay your ticket, you will not have to appear on your court date.
  • In addition to preplanning, many people choose to prepay their funeral expenses.
  • Employers prepay for these services through federal unemployment taxes.
  • They may prepay their loans only under certain conditions.
British Dictionary definitions for prepay

prepay

/priːˈpeɪ/
verb -pays, -paying, -paid
1.
(transitive) to pay for in advance
Derived Forms
prepayable, adjective
prepayment, noun
Collins English Dictionary - Complete & Unabridged 2012 Digital Edition
© William Collins Sons & Co. Ltd. 1979, 1986 © HarperCollins
Publishers 1998, 2000, 2003, 2005, 2006, 2007, 2009, 2012
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Word Origin and History for prepay
v.

also pre-pay, 1839, originally of postage, from pre- + pay (v.). Related: Prepaid; prepayment.

Online Etymology Dictionary, © 2010 Douglas Harper
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