upfront payment
Money paid first
An upfront payment is money paid before goods are delivered or services rendered.
It demonstrates commitment and reduces risk for the seller: The contractor required an upfront payment of thirty percent.
Upfront payments are common in freelance work, construction, and large purchases where the provider needs capital to begin.
- depositPlace for safekeeping
- advanceMove or progress forward
- retainerUpfront professional fee
- cash on the barrelheadPayment in full immediately
- earnest moneyPayment showing serious intent
lump sum · security deposit · holding deposit · escrow · commitment · skin in the game · handshake · signing · closing costs · good faith · collateral · premium · fee · invoice · wire transfer · cashier's check · non-refundable · booking fee
- payment termspast due, late payments, late fee, late fees, final notice
- prepaymentsdownpayment, deposit, earnest money, advance, prepaid
upfront paymentdeferred payment
Buying before paying
final payment · balloon payment · reimbursement · COD · cash on delivery
upfront paymentinstallment plan
Periodic payment arrangement
payment plan · installments · periodic payments · pay-as-you-go · layaway
front, payment, upfront, frontal, fronted, fronting, fronts, paying, payable