Prepaid Expenses

Business / Finance / Prepaid Expenses: Services, goods, and intangibles paid for prior to the period in which they provide benefit. Prepaid expenses are accounted for as assets until their benefit is realized.

Other Words for Expenses

Expenses Adjective Synonyms: payment, costs, outlay, outgoings, disbursement, expenditure, spending, out-of-pocket (expenses), cost, price, charge, fee, rate
MORE

Prepaid Group Practices

Health / Health Insurance / Prepaid Group Practices: Term originally used to describe healthcare systems that later became known as health maintenance organizations. MORE

Prepaid Interest

Business / Finance / Prepaid Interest: An asset account showing interest that has been paid in advance, which is expensed and charged to the borrower's P & L statement. MORE

Prepaid Group Legal Plan

Business / Human Resources (HR) / Prepaid Group Legal Plan: A benefit plan that provides employees, their spouses or dependents with assistance in obtaining legal services, which have been prepaid in whole or in part by the employer. MORE

Prepaid Expenses

Business / Accounting / Prepaid Expenses: Payments made in advance for items normally charged to expense. MORE

529 Prepaid Tuition Plan

Business / Taxes / 529 Prepaid Tuition Plan: With a prepaid tuition plan, you purchase tuition credits at current rates to be used at some point in the future when your beneficiary attends one of the colleges or universities participating in the MORE

Prepaid Items

Business / Real Estate / Prepaid Items: On a closing statement, items that have been paid in advance by the seller, such as insurance premiums and some real estate taxes, for which he or she must be reimbursed by the buyer. MORE

Links
Home
Glossary
Thesaurus