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Definition 2024


prefinance

prefinance

English

Verb

prefinance (third-person singular simple present prefinances, present participle prefinancing, simple past and past participle prefinanced)

  1. (transitive) To finance in advance.
    • 2009 August 8, Joe Nocera, “It’s Time to Stay the Courier”, in New York Times:
      It is expected to operate as a business, turning a profit and so on, and yet it is still subject to Congressional oversight and all sorts of legal constraints, like that ridiculous health benefit prefinancing for future employees, which was part of a big 2006 postal reorganization bill.