Noun
advance payment (plural advance payments)
The part of a contractually due sum that is paid or received in advance for a good, service or social security payment.
Paid off? Do you mean bribery?” "That is, umm, not an entirely pleasant word for it.” Dreschler's doughy face took on a pained expression. "It is more in the nature of an advance payment to ensure the labor force will be satisfied with the negotiated wage schedules. Michael Swanwick
A variant of the job scam recruits freelancers seeking work, such as editing or translation, then requires some advance payment before assignments are offered. Source: Internet
The agency has also plan to prepare bid documents to invite bidders in relations with 11 enterprises going to be privatized he said adding that it has also plan to collect 1.4 billion Birr from advance payment of the privatization sales. Source: Internet
At the same time, the commodity producer on the spot will receive 20% of the advance payment from the average purchase price. Source: Internet
He also has in his possession another letter of interest from a domestic insurance company, which agrees to provide an advance payment guarantee bond to any homebuyer who would like to do business with Access Real Estate. Source: Internet
Thang was aware that EPC contract No. 33 did not meet requirements, but still instructed an advance payment of trillions of Vietnam dong for PVC. Source: Internet