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 ?
The upfront tariff for CPPs as per Nepra constituted of fixed cost and fuel cost component.
It has been learned that a number of wind projects which have completed the requirements of their respective LOIs are awaiting upfront tariff to be announced by NEPRA since June 2016.
4 billion in upfront ad dollars for the 2015-2016 upfront season and cable networks $9.
The company previously offered its unconditional approval to the upfront coal tariff for as much as 660MW of the imported coal-fired power station, which will be financed by overseas money.
Paying for a handset upfront and using a SIM-only deal could save you money over a contract
Shadow Housing Minister Emma Reynolds said: "Renters face thousands of pounds in upfront costs, but get no stability.
Amfi took cognisance of the issue after the Securities and Exchange Board of India (Sebi) pointed out that high upfront commissions are being paid by mutual fund companies to distributors for selling close-ended funds.
Bravos's Andy Cohen and Kandi Buruss at the NBCUniversal Cable Upfront
The UK government is changing the economic incentives to avoid tax and promote tax avoidance and a consultation has been launched on proposals to add to the circumstances when HMRC will ask for upfront payments from those who use tax avoidance schemes.
6 million in upfront payments in the process of acquiring credit default swaps (CDS) as collateral.
The upfront payment must be required under a contract that is cleared by a derivatives clearing organization or a clearing agency that is registered as a derivatives clearing organization under the Commodity Exchange Act or as a clearing agency under the Securities Exchange Act of 1934, respectively;
Previously, companies were required to pay upfront for 90 days of research work in the facilities, but now only a 60-day upfront payment will be required.