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 ?
Is the option of early upliftment available for Upfront Term Deposit (UTD):
From an investor's perspective, the arrangement pushes equity participation for Kenyans, which has been a challenge in the past due to high upfront capital requirements.
Upfront does such a great job providing the historical backdrop to important events, so I regularly save past issues and use them as background.
Meanwhile,Vodafone'scontracts start from [pounds sterling]56 per month, with a [pounds sterling]29 upfront cost.
This upfront tariff has been worked out on the basis of the interest rate of 6 per cent being offered under the State Bank of Pakistan (SBP) scheme.
It notes that many parents have to pay upfront costs to put their youngsters into childcare, such as a month's fees in advance plus a deposit.
The first ever Upfront Tariff for generation of electricity through MSW has been determined after consultative process with stakeholders including Punjab Power Development Board, Alternative Energy Development Board, Central Power Purchase Agency (CPPA-G), Anwar Kamal Law Associates, Ministries of Natural Resources and Climate Change, a press release said.
This first ever Upfront Tariff for generation of electricity through MSW have been determined after consultative process with stakeholders i.e.
This is the first upfront tariff for power generation through municipal solid waste.
NEPRA , keeping in view the environmental issues and waste abundance, decided to initiate development of upfront tariff for generation of electricity from municipal solid waste and was finally able to announce upfront tariff , the spokesman said.