Upfront Fee


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Upfront Fee

A fee paid before a good is produced or a service is performed. The upfront fee is generally a portion of the total fee that the buyer must pay. For example, one may commission an artist to paint a portrait and pay a 20% upfront fee, paying the remainder when the portrait is finished. It is also called an advance fee.
References in periodicals archive ?
"Unfortunately, of course, once the scammers receive the small upfront fee, they will never pay the large sum, and generally disappear."
"They often use the upfront fee as more of a hurdle to filter out applicants that aren't really serious about getting a loan."
Each one percentage point increase in arranger market share increases the arranging bank's upfront fee by 6 bps.
The company said its cards are the only chance many consumers have of getting a credit card and that its upfront fees of between $25 and $95 differ from those Congress tried to target in the CARD Act of 2009.
15, 2011, DOE will reduce the total upfront cost of licensing a specific technology to a $1,000 upfront fee for portfolios of up to three patents.
Less than a third of people said they would be prepared to pay an upfront fee to receive help with their finances, according to accountants KPMG.
At present, people getting advice from an independent financial adviser can opt to pay through an upfront fee or through commission on any products they buy.
After responding with their personal details they are sent a travellers cheque and asked to cash them, keeping a percentage of the money as an upfront fee.
"There are many companies popping up that charge an upfront fee that take the money and run," Cooper said.
The National Consumers League's Internet Fraud Watch also offered a few suggestions of its own: Don't pay an upfront fee, be skeptical of unsolicited emails offering help getting a job, find out what services an agency is offering, print information from an agency as proof of its promises, and be wary of agencies offering help getting government jobs.
Any dog that looks like only making a moderate grader at best, will either be dumped on the RGT or, even worse, euthanised before someone would be prepared to pay such a large upfront fee.