Advance
Type: noun
Pronunciation: /ad-vans/
Plural: Advances
What does Advance mean? Money paid to an artist or songwriter before the recording or release of a song or recorded work.
An advance is a record deal is money paid to an artist or songwriter before the recording or release of a song or recorded work.
Example sentence: “When she signed, her advance was $800k.”
Related Terms
PRE-ORDER RECORDING BUSINESS DICTIONARY