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Adjective: prepaid  ,pree'peyd
  1. Used especially of mail; paid in advance
    "Enroll in the Maryland Prepaid College Trust";
    - postpaid
Verb: prepay (prepaid)  pree'pey
  1. Pay for something before receiving it
    "Ask them for some of the money needed to prepay your loan"

See also: paid

Type of: pay

Encyclopedia: Prepaid