👉 In finance and economics, "prepays" refers to a financial transaction where an entity transfers money or assets from one account to another without having to pay for it in cash. This can be done by using a credit card, transferring funds through a bank account, or by using a savings account. For example, if you deposit $100 into your savings account and then transfer the same amount to another account, this is an example of "prepays" as you have not paid for the