Pre-Payment

Pre-Payment Type: noun Pronunciation: /pree-pay-ment/ Also spelled or known as: Advance Payment Plural: Pre-Payments Related: Advance What does Pre-Payment mean? Money paid before goods, services, or royalties are fully earned. In music, pre-payments may apply to licenses, recording budgets, manufacturing, advances, or tour services. Pre-Payment synonyms: Advance, Advance Payment, Upfront Payment, Early Payment, Upfront Royalties, […]