Words similar to prepayment

Example sentences for: prepayment

How can you use “prepayment” in a sentence? Here are some example sentences to help you improve your vocabulary:

In lieu of the traditional practice of performing a 100percent manual prepayment examination of invoices, agencies today process large volumes of transactions in highly automated systems with automated controls, electronic data interchange, and computer assisted examination techniques.
The analysis revealed that very low error rates were found during its prepayment testing of vouchers and that collecting overpayments from employees, by virtue of their relationship with the agency, would be easily done.
Compared to the prepayment examination of all invoices, implementing sampling procedures increases the risks of overpayments occurring and going undetected.
It involved the examination of invoices after payment in lieu of prepayment examination.
Its costs included $15,600 in broker commissions and a $9,234 prepayment penalty to terminate the New Century loan.