PREPAYMENT

prepayment

(noun) payment in advance

Source: WordNet® 3.1


Etymology

Noun

prepayment (plural prepayments)

A payment in advance.

(accounting) An asset recognized in respect an expense incurred in a period for which the benefit will be received in a future period.

Source: Wiktionary


Pre*pay"ment, n.

Definition: Payment in advance.

Source: Webster’s Unabridged Dictionary 1913 Edition



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Word of the Day

18 January 2025

SHTIK

(noun) (Yiddish) a little; a piece; “give him a shtik cake”; “he’s a shtik crazy”; “he played a shtik Beethoven”


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Coffee Trivia

Raw coffee beans, soaked in water and spices, are chewed like candy in many parts of Africa.

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