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.
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Options include the greener BMW i3 E 120 Ah 5dr with an advance payment of PS1,999.
Affordable motoring options with the Motability Scheme this summer
"The advance payments will provide some support to survivors until the full redress scheme is rolled out in 2021."
Minister: Abuse survivors' compensation to be tax free; Charities welcome news that victims will receive full compensation
The Directorate of Criminal Investigations is investigating a total of Sh21 billion advance payments to CMC Ravenna for the construction of the two dams amid questions why money was wired without project designs.
Two PSs sucked into Sh21bn dams probe
LAHORE -- The manufacturers on Friday appreciated the central bank to allow advance payments on imports of basic industry raw material, which was restricted by the caretaker government, appealing the authorities to also give instructions for early processing of outstanding sales tax refunds of the industry.
Manufacturers laud SBP for restoration of advance payment facility
Furthermore, the audit observed that the advance payment was made before fulfilling the conditions of the letter of acceptance resulting in an irregular payment of the mobilisation advance.
Rs756m irregularly paid by FGEHF for 'mobilisation advance'
There are plenty of vehicles with a NIL advance payment, and test drives can be arranged.
How the Motability Scheme helps thousands of disabled people get mobile; Independence beckons for those who take advantage of the initiative which has changed people's lives for the better
In view of representations made by a number of stakeholders, it has been decided that the restrictions earlier imposed on advance payment against imports shall not apply on letters of credit (containing clause regarding advance payment) established on or before July 14, 2018.
Amendments in instructions regarding advance payment against imports and import on open account basis
From the point of view of surety companies, these are: 1) the Bidder's Bond; 2) the Performance Bond; 3) Warranty Bond for the procurement of infrastructure projects; 4) Advance Payment or Down Payment Bond under Section 4 of Annex 'E' of the implementing rules and regulations (IRR); and 5) Retention Money Bond under Section 6 of Annex 'E'.
Surety requirements in government procurement laws
Entrepreneurs of Azerbaijan propose to increase the maximum possible period for providing the banks with documents on import transactions made after advance payment.
Azerbaijani entrepreneurs propose changes to currency transactions
Upon agreement of a sale, the suspect will usually request an advance payment by money transfer or bank transfer.
Warnings about pets for sale fraud
In this regard, it has been observed that Suzuki requires full advance payment despite a non-negotiable delay in the delivery of its vehicles.
CCP initiates inquiry into unfair trading conditions imposed by automobile manufacturers
SX4 S-Cross, below, is available with nil advance payment for the 1.6 petrol SZ3 model.
plugs points &

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