The issuance of an invoice before the product or service has been provided.

Use prebilling in a sentence

You should try to send out some prebilling so that the other party can be prepared when the time comes.

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They were prebilling me for it and I thought that I was not going to pay it until it was finished and over with.

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The prebilling strategy of the advertising agent was a necessary one as the project was so huge he could not wait a year for payment.

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prearranged trading precautionary measure