FindLaw Legal Dictionary
The FindLaw Legal Dictionary -- free access to over 8260 definitions of legal terms. Search for a definition or browse our legal glossaries.
term:
Prepay
-
prepay vt
-
pre·paid
pre·pay·ing
: to pay or pay the charge on in advance (as of date due or maturity date) [no penalty for ing your student loan]
pre·pay·ment n
Source: Merriam-Webster's Dictionary of Law ©1996. Merriam-Webster, Incorporated. Published under license with Merriam-Webster, Incorporated.