Advance Payment

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Advance Payment

A payment on an obligation that is paid well in advance. For example, if one pays May's rent in April, the payment is an advance payment. Often, though not always, the advance payment results in a discount on the amount owed. It is also called a payment in advance.
References in classic literature ?
I haven't a sou to discharge the price of the garret, and the old crone will insist on being paid in advance.
They had just been taken for a week certain by two ladies who had paid in advance -- those two ladies being Magdalen and Mrs.
For seven dollars a week paid in advance he was to have board and lodging.