prefinance
verb
pre·fi·nance
ˌprē-fə-ˈnan(t)s 
-ˈfī-ˌnan(t)s,
-fī-ˈnan(t)s
variants
or pre-finance
prefinanced or pre-financed; prefinancing or pre-financing
: to finance (something) in advance
The executive pension plan is not pre-financed; the money is not set aside in advance and the costs are instead paid from annual cash flow as a compensation expense.—
Janet McFarland
Janet McFarlandDictionary Entries Near prefinance
Cite this Entry
“Prefinance.” Merriam-Webster.com Dictionary, Merriam-Webster, https://www.merriam-webster.com/dictionary/prefinance. Accessed 29 Nov. 2024.
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