advance payment
something paid partially before the total amount is due (i.e. an advance on someone's salary) | ||||
Search Dictionary:
Advance payment definition was found in categories: Encyclopedia(1)
Advance payment Definition from Encyclopedia Dictionaries & Glossaries
| Wikipedia English - The Free Encyclopedia |
Advance payment
An advance payment, or simply an advance, is the part of a contractually due sum that is paid in advance, while the balance will only follow after receipt on the counterpart in goods or services.
| See more at Wikipedia.org... |