What's the difference between prepay and repay?

Prepay


Definition:

  • (v. t.) To pay in advance, or beforehand; as, to prepay postage.

Example Sentences:

  • (1) It’s a damp squib, a bit of a nothing result,” a leading energy analyst said of a report that is widely expected to endorse provisional findings released in March , and recommend price controls on prepayment meters and setting up a customer database to help rival suppliers target customers stuck on expensive default tariffs.
  • (2) The three prepayment plans appealed to different population groups.
  • (3) Thus prepayment in an organized setting did change hospital and ambulatory care utilization but did not reduce medical care costs.
  • (4) A group practice prepayment plan in Baltimore had consumers on its governing board and, in alliance with a powerful medical institution, successfully organized around political, economic, and social issues.
  • (5) Ofgem data showed that in 2014 around 130,000 electricity and 103,000 gas customers switched to credit meters – just 3% of all prepayment customers.
  • (6) A spokesman for Ofgem says: "The supplier is obligated to supply information on how a customer can obtain assistance if a prepayment meter is not operating effectively, including details of timescales for removal and resetting of the meter if that action is necessary."
  • (7) We studied the impact on use of services of only one factor-prepayment at the Marshfield Clinic, Wisconsin--with all other factors, including group practice, held constant.
  • (8) He added: “Tens of millions of pounds have been spent by the CMA and the companies themselves just to produce this low-key set of remedies.” Atherton is not convinced about the value of plans to cap prepayment meter bills and introduce an industry-wide customer database controlled by the industry regulator, Ofgem.
  • (9) Our research shows many prepay meter customers have to fork out hundreds of pounds more than those on online direct debit deals.
  • (10) The slow adoption of sealants into dental practice is attributed partly to the fact that few prepayment plans pay for sealants.
  • (11) The curative health services are decentralized and provide care through a variety of plans which combine capitation prepayment and modified fee-for service.
  • (12) He told MPs: "The initial phase of [a government] review has concluded and we will shortly start a consultation on a range of options, including plans to extend charging to some visitors and temporary residents who were previously exempt so that the default qualification for free NHS care would be permanent, not temporary, residence; ending free access to primary care for all visitors and tourists; introducing a prepayment or insurance requirement for temporary visitors to pay for NHS healthcare; and improving how the NHS can identify, charge and recover charges where they should apply.
  • (13) Employees joining or not joining three newly marketed prepayment plans were surveyed during the first marketing period and during another open enrollment period 18 months later.
  • (14) The CMA said it was considering remedies to fix the market, including removing barriers to switching, possible price controls and measures to prompt prepayment customers to switch by allowing other suppliers to contact them to offer better tariffs.
  • (15) In most respects, there were no adverse effects on the work relations of physicians, in the perceived quality of medical care, or in the institutional performance of physicians at the nine participating hospitals after the introduction of prepayment.
  • (16) Giving prepay meter customers a better deal is a crucial part of this.” Co-operative Energy said it was cutting its prepayment rates.
  • (17) Medicare will not be the only benefactor of this new scheme as prepayment spreads to other payors and providers of health care.
  • (18) In addition, although about one-half of persons with psychiatric disorders are believed to have their only contact with health care providers in the primary care sector, research findings suggest that depression often remains undetected and untreated in this secto; and there have been few data on how appropriateness of care for depression differs for patients in different health care delivery systems, or whose care is financed by prepayment or fee-for-service arrangements.
  • (19) Citizens Advice called for an extension of a recent price cap by the regulator Ofgem for 4m households on prepayment meters .
  • (20) A number of trends over the past decade predict that this transference to prepayment will continue in the future and will have a profound impact on the future practice of family medicine.

Repay


Definition:

  • (v. t.) To pay back; to refund; as, to repay money borrowed or advanced.
  • (v. t.) To make return or requital for; to recompense; -- in a good or bad sense; as, to repay kindness; to repay an injury.
  • (v. t.) To pay anew, or a second time, as a debt.

Example Sentences:

  • (1) Childcare carves out a hefty third of household income for one in three families, overshadowing mortgage repayments as the biggest family expenditure .
  • (2) It acts as a one-stop shop bringing together credit unions and other organisations, such as Five Lamps , a charity providing loans, and white-goods providers willing to sell products with low-interest repayments.
  • (3) Several months ago, the man received about $200,000 worth of marijuana from the cartel and delivered it to another dealer, but he could not repay the cartel, according to court papers.
  • (4) Then Greece has another chance.” But the intervention by the IMF will undermine EU leaders who argue Greece must submit to a fresh round of austerity measures to release funds for debt repayments.
  • (5) Dubai World's ability to repay the bond had been seen as a key test of the state's financial health.
  • (6) Taking the evidence to the high court in London two years later, Grant Thornton were able to secure a summary judgment against Viren Rastogi, ordering him to repay $360m.
  • (7) Nonetheless, Blatter was investigated by Swiss police over his attempts in secret to repay more than £1m worth of bribes pocketed by football officials.
  • (8) He was also was ordered to repay more than £37,000 under the 2002 Proceeds of Crime Act or face 15 further months in jail.
  • (9) Of course, saying this even while petitioning for easier repayment on Greece's mountain of debt is just another example of austerity's topsy-turvyism.
  • (10) It has proposed linking repayment of the debt to growth (the only real way of paying creditors and of guaranteeing their rights), and has indicated its desire to implement those structural reforms needed to strengthen an impoverished state left too long in the hands of corrupt elites.
  • (11) Other proposals include a requirement for PPI providers to give consumers a personal quote, clearly setting out the cost of the policy, both on its own and when added to the repayments.
  • (12) You may be able to put some of your mortgage on a repayment basis and some on an interest-only basis.
  • (13) I've got to pay £15 a week [as part of a repayment plan].
  • (14) If that is guaranteed, I am in favour of a delay in the repayment," he said, adding that the delay could be two or three years.
  • (15) Action will be needed, too, to mitigate the scale of loan repayment.
  • (16) Last Monday, INM negotiated a standstill agreement with its bondholders which gave the company another six weeks to repay a €200m debt.
  • (17) Conversely, having no credit history can be just as troublesome as having a poor rating: without a history of spending and repayments, a bank may be less willing to loan you money.
  • (18) Hours after Greece’s bailout programme with its creditors expired and the country became the first in the developed world to miss an IMF loan repayment, Greek pensioners without debit cards were at last able to withdraw some cash.
  • (19) However, if you knew how you planned to pay off £70,000, and wanted to run £30,000 on a repayment basis, moving from 4.3% to 2.89% would cut the cost from £665 to £563 a month.
  • (20) Greece missed a payment to the International Monetary Fund last week and the clock will tick down to 20 July when Greece must repay €3.5bn to the ECB – the final deadline, according to Bank of America Merrill Lynch.

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