What is prepayment ?
AnswerBot
6mo
Prepayment is a payment made in advance before the actual due date.
Prepayment is a payment made before the scheduled due date of a financial obligation.
It is often made to reduce the total outstanding...read more
hummingsheldon
author
1y
works at
Prepayments are amounts paid for by a business in advance of the goods or services being received later on. Any payment made in advance can be considered a prepayment.
Help your peers!
Add answer anonymously...
Top XL India Business Services Senior Finance Associate interview questions & answers
Popular interview questions of Senior Finance Associate
>
XL India Business Services Senior Finance Associate Interview Questions
Stay ahead in your career. Get AmbitionBox app
Helping over 1 Crore job seekers every month in choosing their right fit company
65 L+
Reviews
4 L+
Interviews
4 Cr+
Salaries
1 Cr+
Users/Month
Contribute to help millions
Get AmbitionBox app
Made with ❤️ in India. Trademarks belong to their respective owners. All rights reserved © 2024 Info Edge (India) Ltd.
Follow us
