Advance Payment


Also found in: Dictionary, Thesaurus, Medical, Legal, Acronyms, Encyclopedia, Wikipedia.

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 periodicals archive ?
6603 deposit to an advance payment must be willing to accept the consequences of its actions.
Popular favourites available on the Motability Car Scheme that remain on the list of models for which no advance payment is necessary include the Citroen C4 1.
2 S, featuring DAB digital radio and Bluetooth connectivity, available for PS99 Advance Payment ?
446(e) to use the new financial statement method for MDCs in determining the inclusion of advance payments in gross income under Rev.
Both the MINI One, with pounds 299 advance payment, and the MINI Cooper, with pounds 499 advance payment, are available - providing discounts of pounds 200 and pounds 300 respectively thanks to the roadshow.
0D, estate or saloon version is available from pounds 5,999 advance payment and the latest Mercedes C Class, with the C180K Coupe SE MP costing from pounds 6,401 advance payment.
In addition to the nil advance payment on the Mazda2 1.
The following workers should not use the advance payment option:
Every year, the advance payment of the BPS is a vital support for farmers across sectors in terms of maximising cash flow.
VICTORIA Park Mazda is giving Motability customers a boost this spring with a series of special deals on generously equipped Mazda2 and Mazda6 models, many of which are now available with NIL advance payment.
Motability drivers in Cardiff can now choose from four manual Mazda2 models - the SE Air Con, Tamura and Sport Venture - and the Nav T Automatic with no Advance payment required.

Full browser ?