Meaning :
“Prepaid” refers to a payment made in advance for goods, services, or usage. It indicates that the cost is covered upfront, often before receiving or consuming the product or service. Common examples include prepaid phone plans, gift cards, or subscriptions, where users pay first and then access the benefits. Prepaid ensures no outstanding balance or bills post-purchase.
Synonyms :
Advance payment
Pre-funded
Pre-loaded
Paid ahead
Paid upfront
Advance-paid
Pre-covered
Pre-settled
Paid in advance
Prearranged
Antonyms :
Postpaid
Pay later
Unpaid
Credit-based
Outstanding
Deferred payment
Owed
Billed after
Due on delivery
Pay-as-you-go
Short Sentence Examples :
“I bought a prepaid gift card for the online store.”
“This is a prepaid phone plan, so there are no monthly bills.”
“He opted for a prepaid subscription to avoid surprises later.”
“The concert tickets were prepaid to secure our seats.”
“A prepaid meal plan ensures all food costs are covered upfront.”
