different between prepayment vs downpayment

prepayment

English

Etymology

pre- +? payment

Noun

prepayment (plural prepayments)

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

Translations

Further reading

  • prepayment on Wikipedia.Wikipedia

prepayment From the web:

  • what prepayment means
  • what prepayment in accounting
  • what's prepayment penalty
  • what prepayments are deductible
  • what prepayments and accruals
  • what's prepayment penalty mean
  • what prepayment risk
  • prepayment what does it mean


downpayment

English

Noun

downpayment (plural downpayments)

  1. Alternative form of down payment

downpayment From the web:

  • what downpayment is required for a house
  • what downpayment is required for a mortgage
  • what down payment
  • what downpayment is required for a second home
  • what downpayment is required for a car
  • what down payment do i need
  • what down payment do i need for a house
  • what down payment for a car
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