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PPA

PPA

7.5
An account where you keep money to pay for things
  • noun
  • Jargon
translation icon : cuenta de prepago
  • She checked her PPA balance before making the online purchase.

Examples

  • You can transfer money to your PPA using the mobile app.

  • The company requires all employees to have a PPA for salary payments.

  • The bank offers a special PPA for savings.

  • Many people use a PPA to manage their finances.

  • You can transfer money to your PPA using the bank's online service.

  • The company requires all employees to have a PPA for direct deposit of their salaries.

  • She checked her PPA statement to ensure all payments were correctly processed.

Surface Forms

PPA singular
PPAs plural

Etymology

PPA can mean pre-payment account or personal payment account, both names for an account to 'hold money for payments'. So a PPA is a simple account you use to manage and send payments.