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I, on the other hand, have a degree from the University of Life, a diploma from the School of Hard Knocks, and three gold stars from the Kindergarten of Getting the Shit Kicked Out of Me.
Prepayment is an accounting term for the settlement of a debt or installment loan before its official due date. Prepayments are the payment of a bill, operating expense, or non-operating expense that settle an account before it becomes due. Prepayment is an action taken by a single individual, a corporation, or another type of organization.