What is another word for advance payment?

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Contexts Money paid before it is due Initial payment made in advance as a fee or investment to secure services or initiate a project A payment system requiring users to pay in advance for goods or services before using them Noun ▲ Money paid before it is due installmentUS instalmentUK payment prepayment deposit advance down payment security stake pledge retainer drop insurance part payment partial payment guarantee bail warranty credit money up front front money token surety earnest collateral fee cash advance binder advance against royalty disbursement early payment allowance floater “He was one of the first publishers to send books abroad without asking for advance payment.” Noun ▲ Initial payment made in advance as a fee or investment to secure services or initiate a project front money deposit down payment initial investment upfront fee advance fee up-front money early payment Noun ▲ A payment system requiring users to pay in advance for goods or services before using them pay-as-you-go PAYG upfront payment pre-pay Find more words! 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Win Amazon gift cards by writing simple stories at Fictish, a new story writing game backed by WordHippo. See Also What is the opposite of advance payment? Sentences with the word advance payment What is the plural of advance payment? Translations for advance payment Use our Synonym Finder Nearby Words advance payments advance planning advance position advance purchase advance rapidly advances advance order advance oneself advance on advance notice advancements advancement