BNET Business Dictionary

Business Definition for: Advance Payment Guarantee

  • a guarantee that enables a buyer to recover an advance payment made under a contract or order if the supplier fails to fulfill its contractual obligations

Additional Resources

Beware of Sharks: Consumers warned about advance-fee loans
Advance-fee loans promise to restore a business or individual's credit by holding money in an account to build credit. But there's a hitch -- such lenders demand upfront "fees" of up to 3 percent of the loan's value, and after paying the fee, applicants have no guarantee that...
Tags: FINANCE, FTC, MARKETING, Telemarketing
Research articles 2008-09-26
Thai Export-Import Bank to Help Contractors Win Foreign Deals.
By Wichit Sirithaveeporn, Bangkok Post, Thailand Knight Ridder/Tribune Business News Feb. 27--The Export-Import Bank will help Thai contractors obtain projects abroad. Regulations on contract guarantee services including advance payment, performance and maintenance bonds would be eased, said Sathit Limpongpan,...
Tags: Bangkok Post, bond, FINANCE, Investment, performance
Research articles 2002-02-27
Understanding Mail-Order Sales
Mail-order sales continue to flourish, in part because companies can attract customers without incurring overhead costs such as retail space and related expenses. Specialty catalogers — particularly those that sell niche items like hand-made apparel, kitchen equipment, luxury items, and organic foods — have enjoyed considerable success. This article looks...
Tags: Mail-order, Product, Customer, Business, Mail-order Business, Direct Selling Association, Sales Channel, Internet, Advantage, Direct Mail, Sales, BNET Editorial
Articles 2007-11-09
Cerner Corporation Q3 2007 Earnings Call Transcript
Question-and-Answer SessionOperator Thank you. [Operator Instructions]. Your first question comes from the line of Ross Muken, representing Deutsche Bank. Please proceed. Ross Muken - Deutsche Bank Hi, guys. Earl H. Devanny, III - President Hi, there. Marc G. Naughton - Senior Vice President...
Tags: Cerner Corp.
Earnings calls 2007-10-20
advertisement
advertisement