prepay

Meanings

• Verb

  Paying for goods or services before they are received.

  - "I prefer to prepay my bills to avoid late fees."
  - "The airline offers prepay options for flights."

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Synonyms

forepay

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Variants

List of all variants of prepay that leads to same result
prepaid , prepay , prepaying , prepayment , prepayments , prepays

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Etymology

origin and the way in which meanings have changed throughout history.

From the Latin word 'praepagare', meaning 'to pay beforehand'.

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Trivia

Any details, considerations, events or pieces of information regarding the word

1. Prepaying for goods or services can help customers save money by avoiding late fees or interest charges.

2. Some companies offer discounts for customers who prepay for their services, such as cable or internet providers.

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Related Concepts

informations on related concepts or terms closely associated with the word. Discuss semantic fields or domains that the word belongs to

1. Advance payment: A type of prepayment made before the delivery of goods or services.

2. Installment payment: A payment plan in which a borrower pays off a debt in equal installments over a period of time.

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Culture

Any cultural, historical, or symbolic significance of the word. Explore how the word has been used in literature, art, music, or other forms of expression.

Prepay is commonly used in business and financial contexts. It is often used to secure discounts or to ensure that payments are made on time.

How to Memorize "prepay"

1. visualize
   

   - Visualize the act of handing over money before receiving a product or service.

2. associate
   

   - Associate the word 'prepay' with the idea of paying beforehand.

3. mnemonics
   

   - Use the mnemonic 'Prepay means Pay before You Play' to help remember the definition.

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Memorize "prepay" using Dictozo

The best and recommended way to memorize prepay is, by using Dictozo. Just save the word in Dictozo extension and let the app handle the rest. It enhances the memorization process in two ways:

1. Highlighting:

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