1. to provide or set aside funds in advance for a future purpose or obligation
Usage: third person singular present tense of 'prefund'; commonly used in finance, government, and pension contexts

Examples

• The company prefunds its employee retirement accounts each fiscal year.
• The government prefunds infrastructure projects to ensure timely completion.
• She prefunds her children's college education through a dedicated savings plan.
• The municipality prefunds its pension obligations to avoid future budget crises.
• Banks often prefund loan reserves to meet regulatory requirements.