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Prepaid: meaning, definitions and examples

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prepaid

 

[ priːˈpeɪd ]

Adjective
Context #1 | Adjective

payment method

The term 'prepaid' refers to a system where payment is made in advance, typically for services or goods. This method is commonly used for mobile phone plans, credit cards, and utility services, allowing users to pay before they consume the services. Prepaid options often help individuals manage their finances more effectively by restricting overspending. Additionally, prepaid products can be more convenient for those who prefer not to deal with monthly bills or long-term contracts.

Synonyms

advance payment, upfront payment

Examples of usage

  • I bought a prepaid phone plan.
  • She prefers prepaid cards for online shopping.
  • They offered a prepaid service for the event.

Translations

Translations of the word "prepaid" in other languages:

🇵🇹 pré-pago

🇮🇳 पूर्व भुगतान

🇩🇪 Prepaid

🇮🇩 prabayar

🇺🇦 попередньо оплачений

🇵🇱 przedpłacony

🇯🇵 プリペイド

🇫🇷 prépayé

🇪🇸 prepago

🇹🇷 ön ödemeli

🇰🇷 선불

🇸🇦 مدفوع مسبقًا

🇨🇿 předplacený

🇸🇰 predplatený

🇨🇳 预付的

🇸🇮 predplačan

🇮🇸 fyrirfram greitt

🇰🇿 алдын ала төленген

🇬🇪 წინასწარ გადახდილი

🇦🇿 öncədən ödənilmiş

🇲🇽 prepago

Etymology

The word 'prepaid' combines the prefix 'pre-' meaning 'before' and 'paid' which is the past participle of 'pay'. It emerged in the English language in the late 20th century as the concept of prepaid services gained popularity, particularly with the rise of mobile technology and digital transactions. This innovative payment model allowed consumers to pay for services like mobile phone usage or gift cards upfront rather than accumulating charges. Over the years, 'prepaid' has become a common term in various industries, particularly in telecommunications, banking, and retail. The adaptability and consumer-friendly nature of prepaid options have solidified their place in today's financial landscape.

Word Frequency Rank

Ranked #11,876, this word falls into high-advanced vocabulary. It appears less frequently but is valuable for expressing precise meanings in specific contexts.