Meaning of “prepaid” in the English Dictionary

british dictionary

(Definition of “prepaid” from the Cambridge Advanced Learner’s Dictionary & Thesaurus © Cambridge University Press)

"prepaid" in Business English

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prepaidadjective

also pre-paid uk /priːˈpeɪd/ us written abbreviation ppd. COMMERCE

if a product or service is prepaid, it has already been paid for:

Each advertisement runs six times and is $350 prepaid.
Use a prepaid phone card if you're someone who rarely makes long-distance calls.
A prepaid plan includes taxes, fees, and surcharges as well as minutes.

(Definition of “prepaid” from the Cambridge Business English Dictionary © Cambridge University Press)