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Meaning of Prepayment | Babel Free

Noun CEFR B2

Definitions

  1. A payment in advance.
  2. An asset recognized in respect an expense incurred in a period for which the benefit will be received in a future period.

Equivalents

CEFR level

B2
Upper Intermediate
This word is part of the CEFR B2 vocabulary — upper intermediate level.
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See also

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