pre-pay

pre-pay
Ⅰ.
pre-pay UK US (also prepay) adjective [before noun]
► UK COMMUNICATIONS relating to a mobile phone service that you pay for before making calls, rather than receiving an invoice for them later: »

Even the most basic pre-pay phone will enable you to make and receive calls and texts.

 »

Sales surged 37% thanks partly to prepay customers buying new handsets.

 »

pre-pay deals/offers/packages

Ⅱ.
pre-pay UK US noun [U] COMMUNICATIONS
► a mobile phone service that you pay for before making calls: »

Camera and videophone technology are available at good prices on pre-pay.

Ⅲ.
pre-pay UK US verb
► [I or T] MARKETING, COMMERCE to pay for a product or service before you receive it: »

Reservations will go only to those willing to prepay for their rooms.

► [T] FINANCE to pay back all or part of a debt before you have to: »

When homeowners refinance or prepay their loans, investors get their money back sooner than expected, reducing the bonds' returns.


Financial and business terms. 2012.

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Look at other dictionaries:

  • pre|pay — «pree PAY», transitive verb, paid, pay|ing. 1. to pay in advance: »We prepay the post office by putting a stamp on a letter before sending it. 2. to pay for in advance: »He prepaid the shipping charges to make sure the package would arrive on… …   Useful english dictionary

  • pre-pay — ˌpre ˈpay 7 [pre pay] adjective (BrE) = ↑prepaid • pre pay phones …   Useful english dictionary

  • pre-pay — [ˈpri: peı] adj [only before noun] pre pay ↑mobile phone systems make you pay before you use the service, rather than sending you a demand for money after you have been using it …   Dictionary of contemporary English

  • pre|pay´ment — pre|pay «pree PAY», transitive verb, paid, pay|ing. 1. to pay in advance: »We prepay the post office by putting a stamp on a letter before sending it. 2. to pay for in advance: »He prepaid the shipping charges to make sure the package would… …   Useful english dictionary

  • pre|pay´a|ble — pre|pay «pree PAY», transitive verb, paid, pay|ing. 1. to pay in advance: »We prepay the post office by putting a stamp on a letter before sending it. 2. to pay for in advance: »He prepaid the shipping charges to make sure the package would… …   Useful english dictionary

  • pre·pay — …   Useful english dictionary

  • pre — pre·abdomen; pre·acanthella; pre·adamitism; pre·adapt; pre·adaptation; pre·adaptive; pre·admission; pre·adolescence; pre·adult; pre·agonal; pre·am·bu·lar; pre·am·bu·late; pre·amp; pre·amplifier; pre·animism; pre·apprehension; pre·arrange;… …   English syllables

  • pre- — prefix 1 a: earlier than: prior to: before pre marital pre judgment b: preparatory or prerequisite to pre hearing 2: in advance: beforehan …   Law dictionary

  • pay — ag·li·pay·an·ism; cu·pay; cu·ru·pay; dé·pay·sé; im·pay·able; pa·pay·o·tin; pay; pay·abil·i·ty; pay·able; pay·able·ness; pay·ably; pay·ee; pay·er; pay·ment; pay·nim; pay·nim·ry; pay·o·la; pay·sage; pay·sa·gist; pay·sanne; pay·ye·tan; pre·pay;… …   English syllables

  • pay-as-you-go — noun a) A financial policy by which capital projects are financed from current revenue in the operating budget rather than through borrowing. b) a payment method where credit is purchased in advance, used in small amounts and topped up when… …   Wiktionary

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