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cash advance

Noun

Meaning

an amount paid before it is earned

Source: WordNet

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Examples

Chase is not charging its credit card holders the cash advance fee for peer-to-peer payments, a spokesman said. Source: Internet

Also remember that this is just a collection of data points and by no means means that your transaction will not be coded as a cash advance. Source: Internet

Depending on the terms of your cardholder agreement, you may be able to borrow some or all of the total amount available on your card as a cash advance. Source: Internet

If you're in a bind, it might be worthwhile to take a cash advance. Source: Internet

Instead of making one fixed payment every month from a bank account over a set repayment period, with a merchant cash advance you make daily or weekly payments, plus fees, until the advance is paid in full. Source: Internet

If they see you have taken one cash advance, generally speaking it’s unlikely to affect you too much in terms of applying for a mortgage. Source: Internet

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