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prepayment
(redirected from Payments in Advance)

   Also found in: Dictionary/thesaurus, Financial, Encyclopedia, Wikipedia 0.01 sec.
prepayment
[-pā′mənt]
Etymology: L, prae + pacere, to pacify
the payment in advance for health care services by subscribers to a third-party insurance program.


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Caretakers can also give payments in advance for the yearly or half-yearly food support,.
One AOP member who receives payments in advance for the supply of contact lenses has commented that he does not understand why practitioners would offer credit when they have had to pay out for the lenses.
This lock out consideration, along with the earlier payment of A[pounds sterling]50,000 and the issue in February 2007 of 46,296,296 Ordinary Shares will be treated as payments in advance of the overall consideration for the Portfolio.
 
 
 
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