cash advance
Noun 1. an amount paid before it is earned (synonym) advance (hypernym) sum, sum of money, amount, amount of money | ||||
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Cash advance definition was found in categories: Language, Idioms & Slang(1) Encyclopedia(1)
Cash advance Definition from Language, Idioms & Slang Dictionaries & Glossaries
| hEnglish - advanced version |
cash advance
cash advance
n : an amount paid before it is earned [syn: advance]
cash advance
n : an amount paid before it is earned [syn: advance]
Cash advance Definition from Encyclopedia Dictionaries & Glossaries
| Wikipedia English - The Free Encyclopedia |
Payday loan
A payday loan or paycheck advance is a small, short-term loan that is intended to cover a borrower's expenses until his or her next payday. Typical loans are between $100 and $1500, on a two-week term and have interest rates in the range of 390 percent to 900 percent (annualized). The loans are also sometimes referred to as cash advances, though that term can also refer to cash provided against a prearranged line of credit such as a credit card.
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