| 单词 | payment in advance |
| 释义 | payment in advance in Accounting (peɪmənt ɪn ædvæns) Word forms: (plural) payments in advance noun (Accounting: Commerce) If a business asks for payment in advance, the payment must be received in full before the goods or services are delivered. Manufacturers typically require either payment in advance or a letter of credit from a bank. The company has the right to require payment in advance or an acceptable guarantee of payment from those who seem unlikely to be able topay. If a business asks for payment in advance, the payment must be received in full before the goods or services are delivered. |
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