BNET Business Dictionary

Business Definition for: Advance Payment

  • an amount paid before it is earned or incurred, for example, a prepayment by an importer to an exporter before goods are shipped, or a cash advance for travel expenses

Additional Resources

Bavarian Nordic Receives US$50 Million Advance Payment From HHS for Fulfilling Contract Milestones.
WASHINGTON, D.C., October 9 /PRNewswire/ -- Bavarian Nordic, the Danish-based international biopharmaceutical company, has received permission from the Department of Health and Human Services HHS to invoice an advance payment of US$50 million a WASHINGTON, D.C., October 9 /PRNewswire/ -- ...
Tags: U.S. Department of Health and Human Services
Research articles 2007-10-09
Bavarian Nordic Receives USD 50 Million Advance Payment From the U.S. Government for Fulfilling Contract Milestones.
KVISTGARD, Denmark, October 8 /PRNewswire/ -- Bavarian Nordic has received permission from the U.S. authorities to invoice an advance payment of USD 50 million as allowed under the RFP-3 contract to manufacture and deliver 20 million doses of the KVISTGARD, Denmark, October...
Tags: payment, permission, U.S. Government
Research articles 2007-10-08
YouTube/PRS Details: Advance Payment, Three-Year Deal, Figures Secret
Google (NSDQ: GOOG) is putting up another wadge of advance cash for the revised terms of its renewed license for YouTube to use music in the UK, an agreement that ends an at times acrimonious dispute see our earlier report.“The deal goes back to January. It runs to June...
Tags: Payment, YouTube Inc., PRS, Corporate Communications, Advertising & Promotion, Operational Accounting, Marketing, Finance, Entertainment, Music, Companies, Google, YouTube, Robert Andrews
External links 2009-09-03
SBC Wants Advance Payment from Long-Distance Carriers with Credit Issues.
By Sanford Nowlin, San Antonio Express-News Knight Ridder/Tribune Business News Aug. 3--SBC Communications Inc. wants the ability to collect upfront payments from financially troubled long-distance phone companies such as WorldCom Inc. before it will connect calls on its network. ...
Tags: carrier, FCC, FINANCE, Government, payment, SBC Communications Inc., TELECOMMUNICATIONS, WorldCom Inc.
Research articles 2002-08-03
Innovative Advance Payment Options Provide Advantages of Fido Monthly Airtime Packages to More Canadians.
MONTREAL, QUEBEC, Jul 23, 2003 CCNMatthews via COMTEX Monthly packages paid in advance make per-second billing more accessible Fido today announced the launch of a new payment option that allows more customers to enjoy the benefits of monthly airtime packages by ...
Tags: Microcell Telecommunications Inc.
Research articles 2003-07-23
Advance Payment Of The Earned-Income Tax Credit - way to increase employee's take-home pay - Brief Article
A little-known method for increasing low-paid workers' take-home pay is to give the employees advance payments for their federal earned-income tax credit. Wayne S. Goshkarian, president of AGB Insurance Services in Phoenix, says many employers don't realize that employees who are eligible for the earned-income credit may request that the...
Tags: Internal Revenue Service, payment
Research articles 1998-10-01
Advance Child Tax Credit Payments in the Mail.
By Avrum D. Lank, Milwaukee Journal Sentinel Knight Ridder/Tribune Business News Jul. 26--The checks are in the mailbox. Friday, the Internal Revenue Service sent out the first wave of about 25 million checks -- including more than a half-million to ...
Tags: FINANCE, income, Internal Revenue Service, payment, Taxes
Research articles 2003-07-26
Advance Payment Of The Earned-Income Tax Credit
A little-known method for increasing low-paid workers' take-home pay is to give the employees advance payments for their federal earned-income tax credit.Wayne S. Goshkarian, president of AGB Insurance Services in Phoenix, says many employers don't realize that employees who are eligible for the earned-income credit may request that the money...
Tags: FINANCE, Internal Revenue Service, payment, Taxes
Research articles 1998-10-01
Newspaper admits payment error
By JIM McLEAN The Capital-Journal The chairman of the Shawnee County Democratic Party criticized The Topeka Capital-Journal on Monday for not requiring a Republican legislative candidate to adhere to its policy for purchasing advertising. Lloyd Hull said The Capital-Journal violated its policy of requiring...
Tags: advertisement, payment
Research articles 2000-11-07
Advance Auto Parts Cops to Credit Card Theft
From retail tech blog StoreFrontBackTalk: The latest retailer to report credit card data theft, Advance Auto Parts, admits that stolen info dating back three to seven years was not encrypted, violating basic security practices. An Advance Auto Parts spokeswoman told blogger Evan Schuman that the majority of...
Tags: Payment, Credit Card, Sales Channel, Financial Services, Security, Sales, Lisa Everitt
Blog posts 2008-04-15
CCPs due back for corn and milo.(Counter-cycling payment)(Brief Article)
Official word will come in USDA's Sept. 29 Ag Prices Report, but all indications are the 7.7 cents per bu. advance counter-cyclical payment CCP for 2003 corn (1.4 cents for '03 sorghum) will have to be "repaid." Unless you make other ar Official word...
Tags: corn, payment, U.S. Department of Agriculture
Research articles 2004-09-25
Exelixis Q3 2007 Earnings Call Transcript
Question-and-Answer SessionOperator Thank you very much sir. Operator Instructions Our first question comes from the line of Eric Schmidt with Cowen & Company. Please proceed. Eric Schmidt - Cowen & Company Yeah, thanks, Frank, kind of an accounting question on the XL880 milestone. I am not sure I quite...
Tags: Exelixis Inc.
Earnings calls 2007-11-05
Tax scam targets potential recipients of Advance Child Tax Credit
The Internal Revenue Service issued a consumer alert, warning taxpayers about a new scam targeting potential recipients of the Advance Child Tax Credit. Although there have only been isolated instances of this new scheme, it is reported that some taxpayers have received telephone calls promising to speed...
Tags: FINANCE, Internal Revenue Service, payment, SALES, Taxes
Research articles 2003-06-24
Advance Acceptance
Advance Acceptance serves the outdoor power equipment industry by offering competitive lease and finance options to commercial customers. Advance Acceptance allows customers to stay within their budget with fixed payments and fixed terms--no surprises. Seasonal and deferred payment plans are available. As leasing specialists with more than 35 years of...
Tags: Advance Acceptance Corp.
Research articles 2009-02-01
Web site to verify child credit rebates.(FILING TIPS)(Brief Article)
Preparers will have an easy way to verify child credit rebates. This year, IRS sent out millions of advance payment checks to taxpayers as a one-time-only rebate of the $400-per-child increase in the credit. The payments must be subtracted when claim Preparers will have an easy...
Tags: Internal Revenue Service, payment, taxpayer, Web, Web site
Research articles 2003-12-19
RUSSIA: "ELEKTROSVYAZ" OF NOVOSIBIRSK TO INSTALL "SIEMENS" COMMUTATIONAL EQUIPMENT.(Brief Article)(Statistical Data Included)
Telecommunications operator "Elektrosvyaz" of Novosibirsk, has made an advance payment of 299,000 euros to the Russian-German joint venture "Izhtel" in Izhevsk, in the Udmurtia region, for the supply and installation of "Siem Telecommunications operator "Elektrosvyaz" of Novosibirsk, has made an advance payment of 299,000 euros...
Tags: Siemens AG
Research articles 2000-06-22
Mini signs up to Motability scheme
Byline: By Steve Hughes A range of new models have been added to the Motability scheme for disabled drivers, including Minis and a new choice of automatics. The Mini range includes the One, the Cooper and the convertibles. The Mini One with air conditioning comes with an...
Tags: Cooper, FINANCE, Mini, mobility, payment
Research articles 2006-08-11
Datapoint Corporation Announces Interest Payment On Convertible Subordinated Debentures Expected to be Made Within Grace Period
SAN ANTONIO--BUSINESS WIRE--Dec. 1, 1999-- Datapoint Corporation (OTC BB:DTPT) announced that it expects to make the Dec. 1, 1999 interest payment on its 8-7/8% Convertible Subordinated Debentures within the grace period under the terms of the Indenture dated as of June 1, 1981. The Company expects to receive...
Tags: Business Wire, Company, FINANCE, integration, NETWORKING, payment, Telephony
Research articles 1999-12-01
VeriFone to Drive Value-Added Payment Services for Polish Post Offices
SAN JOSE, Calif. -- VeriFone Holdings, Inc. (NYSE: PAY) today announced that PKO Bank Polski's wholly-owned acquiring arm, eService, will be delivering value-added payment services to Polish Post offices via VeriFone's Vx 510 payment platform and PINpad 1000SE system. Polish Post branches will be able to use eService and the...
Tags: post office, VeriFone Inc.
Research articles 2006-12-06
Inflation, Finance and Growth in a Cash-in-Advance Economy With Costly Intermediation
This paper investigates a cash-in-advance model where credit is an alternative means of payment similar to Ireland. Specifically, intermediation across spatially segmented markets is costly and will result in an endogenous mix of cash and credit goods. Both cases are considered where the cash-in-advance constraint applies only to consumption goods...
Tags: United States Small Business Administration, Inflation, Currency & Foreign Exchange, Operational Accounting, Financial Accounting, Finance
White papers 2001-06-01
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