Prepaid Expenses


Definition of "Prepaid expenses"

Kelli Mickeliunas real estate agent
Kelli Mickeliunas Better Homes & Gardens Real Estate

Expenditures paid for in advance such as property insurance, rent, and interest. Prepaid expenses are not used or consumed until later. They are typically of a recurring nature.

Have a question or comment? We're here to help.

 
 
 
*** Your email address will remain confidential.
 
 

Search Real Estate Terms

Popular Real Estate Terms

Popular Real Estate FAQ