„Prepaid“

What does Prepaid stand for?

1. A notation on a shipping document indicating that shipping charges have already been paid by the shipper to the carrier, or it is an expression of the intention that payment is to be made by the shipper.

2. An expense paid before it is currently due.

3. A service or good paid for before it is delivered.

Source:

Branch, Alan E. “Elements of Shipping.” 8th Edition, Routledge, New York, NY, 2007, pp. 86-88.

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