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In accounting, a down payment (also called a deposit in British English) is an initial up-front partial payment for the purchase of expensive goods or services such as a car or a house. It is usually paid in cash or equivalent at the time of finalizing the transaction. A loan of some sort is then required to finance the remainder of the payment.
In the television industry, an upfront is a gathering at the start of important advertising sales periods, held by television network executives and attended by major advertisers and the media. It is so named because of its main purpose, to allow marketers to buy television commercial airtime "up front", or several months before the television ...
As set out by the Financial Conduct Authority, [16] advisers must now agree an upfront charging structure in advance to a client before advice is given. For customers who do not want to pay a separate upfront fee, there is an option to have payment of the charges deducted from the investment held by the product provider.
You found your dream apartment, got settled in, and fit your budget around rent payments. But one day, you receive a letter from your landlord notifying you that their raising the rent. Make Money...
The buyer makes the down payment upfront at closing. Depending on the buyer’s finances and the type of loan, down payments can range from as low as 3 percent to 20 percent or more. Some mortgage ...
Deciding whether to pay your car insurance monthly or in full (which usually means paying for six months or one year up front) is a personal preference, but there are some things to consider that ...
Scam letter posted within South Africa. An advance-fee scam is a form of fraud and is a common confidence trick.The scam typically involves promising the victim a significant share of a large sum of money, in return for a small up-front payment, which the fraudster claims will be used to obtain the large sum.
What does it mean to refinance a mortgage? ... For instance, many lenders offer lower rates in exchange for "mortgage points" — upfront fees you pay to your lender. A mortgage point could cost 1 ...