1. to bill or invoice a customer in advance of the delivery of goods or services
Usage: business/accounting term

1. an invoice or bill issued before goods are delivered or services are rendered
Usage: business/accounting term

Examples

• The vendor will prebill us for the software licenses before installation begins.
• We received a prebill from the contractor outlining the project costs.
• The company decided to prebill customers for annual subscriptions in January.
• The prebill was issued two weeks prior to the scheduled delivery date.
• Many SaaS companies prebill their clients at the start of each billing cycle.