Prepaid
volume
British pronunciation/pɹɪpˈe‍ɪd/
American pronunciation/pɹiˈpeɪd/

Definition & Meaning of "prepaid"

prepaid
01

already paid for

example
Example
examples
They booked their vacation through a prepaid travel agency to save money on accommodations.
The prepaid debit card allows you to load money onto it before making purchases.
She bought a prepaid phone card to make international calls without running up a large bill.
He received a prepaid gift card as a reward for his outstanding performance at work.
The decrease in prepaid expenses was entered as a credit in the prepaid expenses account.
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