prepayment


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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.
References in periodicals archive ?
5 million electricity customers are on prepayment meters.
Internal Audit has also confirmed that the full amount of the prepayment to Tegeta has been recovered via coal delivered to Eskom by the end August 2016.
founder Dale Vince said: "There is a difference in the cost of supplying energy using prepayment meters but it's nowhere near the premiums some companies are charging.
Trading houses would need to arrange bank funding to finance their own prepayment deals, which they may be unable to do while sanctions remain.
The stable outlook reflects RAM's belief that the pattern of defaults and losses as well as prepayments on the government staff Islamic home-financing facilities (GSIHFs) will continue to fall within our expectations.
The average bill for both fuels in North Wales is pounds 965 for direct debit customers, pounds 1050 for standard credit customers and pounds 1100 for prepayment meter customers.
The NHF said the average income of prepayment customers was pounds 16,000.
By giving up the right to prepay, the borrower would reduce the lender's and investors' prepayment risk and would be rewarded through changes in other loan terms, such as a lower interest rate.
Nearly 380,000 homes in Wales are fitted with prepayment gas and electricity meters.
Before we dive into the prepayment option, here are the three most common education saving strategies:
In a victory achieved thanks to work of the community group ACORN, Ocwen Loan Servicing agreed in December to stop charging prepayment penalties to hurricane survivors.
This report responds to a request made by the Defense Finance and Accounting Service (DFAS) that we approve the use of a statistical sampling plan for voucher prepayment examination of contract payments.