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PRE- means before. Look at prepay. Prepay means pay before. When the prefix PRE- is added to pay, it changes the meaning of the word.
Quick Summary. The prefix PRE-, which means before, appears in numerous English vocabulary words, for example: predict, prevent, and prefix! An easy way to remember that the prefix PRE- means before is through the word prevent, for when you come before something else to stop it from happening, you prevent it.
PRE- a prefix occurring originally in loanwords from Latin, where it meant before (preclude; prevent); applied freely as a prefix, with the meanings prior to, in advance of, early, beforehand, before, in front of, and with other figurative meanings (preschool; prewar; prepay; pretrial; prefrontal).
The grammatical term prefix itself has the prefix PRE-; in this case, PRE- means before; preceding and one meaning of fix is to attach or place. A word can have more than one prefix, like UN- and re- in unremarkable.
The word prefix is itself made up of the stem fix (meaning “attach”, in this case), and the prefix PRE- (meaning “before”), both of which are derived from Latin roots.
A prepayment is a payment that you make before you receive goods or services, or before a debt is due. If a borrower makes prepayments, the loan balance declines more rapidly than would otherwise be possible. A prepayment is a payment that you make before you receive goods or services, or before a debt is due.
Definition of 'prepayment' A prepayment is a payment that you make before you receive goods or services, or before a debt is due. If a borrower makes prepayments, the loan balance declines more rapidly than would otherwise be possible. During periods of rising interest rates, the rate of prepayments generally declines.
Two common examples of a prepaid expense are insurance and rent. In both instances, payments are made at the beginning of the coverage period. With rent, payments are usually made at the beginning of the month and cover use of the property for that month.
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