prepayment
Noun

prepayment (plural prepayments)

  1. A payment in advance.
  2. (accounting) An asset recognized in respect an expense incurred in a period for which the benefit will be received in a future period.
Translations
  • French: prépaiement
  • German: Vorauszahlung
  • Russian: предопла́та



This text is extracted from the Wiktionary and it is available under the CC BY-SA 3.0 license | Terms and conditions | Privacy policy 0.023
Offline English dictionary