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Definitions

prepay

[pree-pey] / priˈpeɪ /


Example Sentences

Examples are provided to illustrate real-world usage of words in context. Any opinions expressed do not reflect the views of Dictionary.com.

One of the main risks of buying mortgages guaranteed by government-backed agencies, which takes credit risk mostly off the table, is that they prepay early when interest rates fall.

From The Wall Street Journal • Nov. 21, 2025

It may be more difficult for someone with a mortgage to prepay their real-estate taxes, because their mortgage servicer may pay their local taxes and homeowners insurance through an escrow account.

From MarketWatch • Nov. 6, 2025

Goldman Sachs, for example, brought a California Community Choice prepay to market with Pacific Life Insurance as the funding recipient.

From Barron's • Oct. 20, 2025

It may not make sense to prepay a 3% mortgage when you can earn 5% on a certificate of deposit, for example.

From Los Angeles Times • Apr. 28, 2024

According to custom, he had to prepay his four shillings, before taking his seat at the table; and on seeing what he was to get for his money, he seemed rather chagrined.

From Lost Lenore The Adventures of a Rolling Stone by Beach, Charles A.