prepaid
Pronunciation: [priːˈpeɪd]
Word
Context: "finance"
(adjective) when something is paid for before you use it. Like buying a phone plan where you pay ahead of time for calls and messages. You don’t have to pay each month; it’s already taken care of.
Example
I bought a prepaid phone plan, so I don't have to worry about monthly bills.
Example
She didn't like the idea of a postpaid plan because she wanted to avoid any surprise charges.
Example
Do you prefer prepaid services or monthly subscriptions?
Context: "finance"
(noun) a kind of payment plan where you pay before using a service. It’s like putting money in a jar before you eat. You fill it up first!
Example
He decided to switch to a prepaid to better manage his budget.
Example
A postpaid plan can sometimes lead to overspending, which isn't the case with a prepaid.
Example
What are the benefits of using a prepaid instead of a postpaid plan?
0s0s