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Meaning of "advance payment" in the English dictionary

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DICTIONARY
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PRONUNCIATION OF ADVANCE PAYMENT

advance payment  [ədˈvɑːns ˈpeɪmənt] play
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GRAMMATICAL CATEGORY OF ADVANCE PAYMENT

noun
adjective
verb
adverb
pronoun
preposition
conjunction
determiner
exclamation
Advance payment is a noun.
A noun is a type of word the meaning of which determines reality. Nouns provide the names for all things: people, objects, sensations, feelings, etc.

WHAT DOES ADVANCE PAYMENT MEAN IN ENGLISH?

Advance payment

An advance payment, or simply an advance, is the part of a contractually due sum that is paid or received in advance for goods or services, while the balance included in the invoice will only follow the delivery. It is called a prepaid expense in accrual accounting for the entity issuing the advance. Advanced payments are recorded as assets on the balance sheet. As these assets are used they are expended and recorded on the income statement for the period in which they are incurred. Insurance is a common prepaid asset, which will only be a prepaid asset because it is a proactive measure to protect business from unforeseen events. ...

Definition of advance payment in the English dictionary

The definition of advance payment in the dictionary is a sum of money paid in advance as a part or the whole of the sum due.

WORDS THAT RHYME WITH ADVANCE PAYMENT


claimant
ˈkleɪmənt
clamant
ˈkleɪmənt
copayment
kəʊˈpeɪmənt
counterclaimant
ˌkaʊntəˈkleɪmənt
defrayment
dɪˈfreɪmənt
embayment
ɪmˈbeɪmənt
forepayment
fɔːˈpeɪmənt
inpayment
ˈɪnˌpeɪmənt
micropayment
ˈmaɪkrəʊˌpeɪmənt
nonpayment
nɒnˈpeɪmənt
overpayment
ˌəʊvəˈpeɪmənt
payment
ˈpeɪmənt
prepayment
priːˈpeɪmənt
proclaimant
prəˈkleɪmənt
raiment
ˈreɪmənt
reclaimant
rɪˈkleɪmənt
repayment
rɪˈpeɪmənt
underlayment
ˌʌndəˈleɪmənt
underpayment
ˌʌndəˈpeɪmənt
wayment
ˈweɪmənt

WORDS THAT BEGIN LIKE ADVANCE PAYMENT

advance
advance copy
advance corporation tax
advance directive
advance guard
advance information sheet
advance man
advance men
advance notice
advance party
advance poll
advance ratio
advanced
advanced gas-cooled reactor
Advanced Higher
Advanced level
Advanced Photo System
advanced skills teacher
advanced standing
advancement

WORDS THAT END LIKE ADVANCE PAYMENT

advertisement
balloon payment
cash payment
debt repayment
deployment
down payment
employment
enjoyment
front-end payment
full employment
gainful employment
loan repayment
method of payment
mortgage payment
natural rate of unemployment
re-employment
self-employment
social security payment
stop payment
transfer payment
unemployment

Synonyms and antonyms of advance payment in the English dictionary of synonyms

SYNONYMS

Translation of «advance payment» into 25 languages

TRANSLATOR
online translator

TRANSLATION OF ADVANCE PAYMENT

Find out the translation of advance payment to 25 languages with our English multilingual translator.
The translations of advance payment from English to other languages presented in this section have been obtained through automatic statistical translation; where the essential translation unit is the word «advance payment» in English.

Translator English - Chinese

预付款
1,325 millions of speakers

Translator English - Spanish

pago por anticipado
570 millions of speakers

English

advance payment
510 millions of speakers

Translator English - Hindi

अग्रिम भुगतान
380 millions of speakers
ar

Translator English - Arabic

دفع مسبق
280 millions of speakers

Translator English - Russian

предоплата
278 millions of speakers

Translator English - Portuguese

pagamento antecipado
270 millions of speakers

Translator English - Bengali

আগাম অর্থ প্রদান
260 millions of speakers

Translator English - French

paiement à l´avance
220 millions of speakers

Translator English - Malay

bayaran pendahuluan
190 millions of speakers

Translator English - German

Vorauszahlung
180 millions of speakers

Translator English - Japanese

前払い金
130 millions of speakers

Translator English - Korean

선급금
85 millions of speakers

Translator English - Javanese

Advance payment
85 millions of speakers
vi

Translator English - Vietnamese

thúc đẩy thanh toán
80 millions of speakers

Translator English - Tamil

முன் பணம்
75 millions of speakers

Translator English - Marathi

आगाऊ भरणा
75 millions of speakers

Translator English - Turkish

avans ödemesi
70 millions of speakers

Translator English - Italian

pagamento anticipato
65 millions of speakers

Translator English - Polish

zaliczka
50 millions of speakers

Translator English - Ukrainian

передоплата
40 millions of speakers

Translator English - Romanian

plată în avans
30 millions of speakers
el

Translator English - Greek

προκαταβολής
15 millions of speakers
af

Translator English - Afrikaans

bevorder betaling
14 millions of speakers
sv

Translator English - Swedish

förskottsbetalning
10 millions of speakers
no

Translator English - Norwegian

forskudd
5 millions of speakers

Trends of use of advance payment

TRENDS

TENDENCIES OF USE OF THE TERM «ADVANCE PAYMENT»

The term «advance payment» is regularly used and occupies the 55.948 position in our list of most widely used terms in the English dictionary.
0
100%
FREQUENCY
Regularly used
74
/100
The map shown above gives the frequency of use of the term «advance payment» in the different countries.
Principal search tendencies and common uses of advance payment
List of principal searches undertaken by users to access our English online dictionary and most widely used expressions with the word «advance payment».

FREQUENCY OF USE OF THE TERM «ADVANCE PAYMENT» OVER TIME

The graph expresses the annual evolution of the frequency of use of the word «advance payment» during the past 500 years. Its implementation is based on analysing how often the term «advance payment» appears in digitalised printed sources in English between the year 1500 and the present day.

Examples of use in the English literature, quotes and news about advance payment

EXAMPLES

10 ENGLISH BOOKS RELATING TO «ADVANCE PAYMENT»

Discover the use of advance payment in the following bibliographical selection. Books relating to advance payment and brief extracts from same to provide context of its use in English literature.
1
Understanding the New FIDIC Red Book: A Clause-by-clause ...
14.2 ADVANCE PAYMENT 14-008 The Employer shall make an advance payment, as an interest-free loan for mobilisation, when the Contractor submits a guarantee in accordance with this Sub-Clause. The total advance payment, the ...
Jeremy Glover, Simon Hughes, 2006
2
Bank Guarantees in International Trade: The Law and Practice ...
... which have been made in anticipation of execution of the contract and which can be viewed as a loan, whereas performance guarantees secure compensation for losses other than the advance payment which result from breach of contract.
Roeland I. V. F. Bertrams, 2004
3
Understanding and Negotiating Turnkey and EPC Contracts
guarantee in amounts and currencies equal to the advance payment. This guarantee shall be issued by an entity and from within a country (or other jurisdiction) approved by the Employer, and shall be in the form annexed to the Particular ...
Joseph A. Huse, 2002
4
Administration of Government Contracts
The most restricted and infrequently used method of financing is advance payment. Advance payments are made prior to a contractor's incurrence of costs to enable it to perform. Thus, they differ from progress and partial payments, which are ...
John Cibinic, Ralph C. Nash, James F. Nagle, 2006
5
The Code of Federal Regulations of the United States of America
(b) When there Is only one designated pool contract, all advance payments are charged against that designated pool contract. When there is more than one designated pool contract, each advance payment made is charged against one of the ...
6
L.S.A., List of C.F.R. Sections Affected
(b) Definition. As used in this section, advance payment means a conditional partial payment made by the carrier in response to a claim that it is unable to process within established time limits. (0) When advance payments may be made .
7
FIDIC - A Guide for Practitioners: A Guide for Practitioners
Subject to Sub-Clause 14.2 the Contractor is obliged to submit a guarantee in accordance with the Sub-Clause, if an advance payment has been agreed. Unless the Employer receives this guarantee, Sub-Clause 14.2 shall not apply. A model ...
Axel-Volkmar Jaeger, Götz-Sebastian Hök, 2009
8
FIDIC Contracts: Law and Practice
Table 4.2: Advance Payment Repayment Book Deductions commence (default)/ Clause Deduction rate (default)/Clause Red In the Payment Certificate in which the total of all certified iterim payments66 exceeds 10% of the Accepted Contract  ...
Ellis Baker, Ben Mellors, Scott Chalmers, 2013
9
Code of Federal Regulations, Title 42, Public Health, Pt. ...
(b) Definition. As used in this section, advance payment means a conditional partial payment made by the carrier in response to a claim that it is unable to process within established time limits. (c) When advance payments may be made .
Office of the Federal Register, 2010
10
Code of Federal Regulations, Title 20, Employees' Benefits, ...
§416.2020), which apply for the month for which the payment is made. Emergency advance payment is defined in paragraph (b)(1) of this section. The actual payment amount is computed as explained in paragraph (c) of this section.
‎2010

10 NEWS ITEMS WHICH INCLUDE THE TERM «ADVANCE PAYMENT»

Find out what the national and international press are talking about and how the term advance payment is used in the context of the following news items.
1
NDPHC unhappy over unfinished 338 MW Egbema power plant …
... that the Egbema Power plant has been bedevilled by a number of curious challenges, such as: initial delay in release of advance payment to ... «BusinessDay, Jul 15»
2
Health Worker Report
Half Dental accepted advance payment from patients who were treated or were scheduled to be treated at its Vancouver office. In December ... «The Columbian, Jul 15»
3
What's happening in Central Jersey: July 5 and later
Advance payment required. BERNARDSVILLE. Paintings on view at the public library. Bernardsville Public Library is presenting an exhibition ... «MyCentralJersey.com, Jul 15»
4
Madonna in Manila confirmed: 2 nights at MOA Arena
... at MOA Arena was confirmed by the advance payment required by Madonna's handlers, facilitated by a group with direct links to the venue. «Filipino Express, Jul 15»
5
Elusive Tenant Caught Napping
... and counted it and gave my nephew what he owed for three months, but refused to make three months advance payment as per agreement. «AllAfrica.com, Jul 15»
6
Sex racket busted in hotel
... directors of Samco Automobiles on SV Road, Goregaon, have been accused of accepting advance payment for a sports car in November last ... «Times of India, Jul 15»
7
Case against CRPF DG filed to please netas: HC
The case pertains to advance payment made to suppliers for cement and steel by Odisha State Police Housing and Welfare Corporation ... «Times of India, Jul 15»
8
ECHS a Dampener for Ex-servicemen
It is also alleged that some hospitals are even asking for advance payment for getting the ECHS card holders admitted to hospitals. In most of ... «The New Indian Express, Jul 15»
9
Contractor jailed for fleecing two clients in Whitpain, Lower Gywnedd
... listed an address in the 800 block of Treetop Lane, West Norriton, received advance payment for performing home improvement services and ... «Montgomery Newspapers, Jul 15»
10
MPs canvass vociferous voters in Corinthia, weather vane of Greek …
... the figure was 36% – income-tax band that began with the first euro of net earnings and full advance payment of the next year's estimated tax. «The Guardian, Jul 15»

REFERENCE
« EDUCALINGO. Advance payment [online]. Available <https://educalingo.com/en/dic-en/advance-payment>. Apr 2024 ».
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