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prepay /priːˈpeɪ /verb (prepays, prepaying; past and past participle prepaid) [with object] (usually as adjective prepaid) 1Pay for in advance: prepaid licence fees...- Drivers could be required to prepay traffic fees, either online or at street-level vending machines.
- Under these agreements the wholesaler prepays products and fuel sold through the on-reserve store.
- Like America, we are prepaying the expected costs of a demographic bulge in retirement.
1.1 (as adjective prepaid) (Of an envelope or address label) supplied with the postage already paid for contents up to a certain weight.We supplied parents with a prepaid envelope to return the diary, and we contacted parents by telephone if return was delayed....- I've just parcelled my first bit of ripped up junkmail back in its prepaid envelope and sent it back from whence it came.
- Along with the bill, businesses can send a special return envelope with prepaid postage, much like existing Business Reply Mail.
Derivatives prepayable /priːˈpeɪəb(ə)l/ /prɪˈpeɪəb(ə)l/ adjective ...- That certainly might happen if lenders were prevented from providing sufficient liquidity for fixed-rate, easily prepayable mortgages.
- Certain traffic and non-traffic offenses are prepayable.
prepayment /priːˈpeɪm(ə)nt / noun ...- Postage stamps were originally construed as prepayment for the service of transporting letters and packages.
- There are, however, times when prepayment is unavoidable.
- The University of Berkley offers associate, bachelor's, master's, and doctoral degrees for a flat installment rate with a discount for prepayment.
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