前払金(まえばらいきん)

まえばらいきん
noun
advance payment; prepaid expense; money paid up front
businessfinancemoney
1. advance payment; prepaid expense; money paid up front
Money handed over before goods are delivered or services are performed. In accounting it is carried as an asset until the goods or services are actually received.
前払金(まえばらいきん)を支払(しはら)った。
We paid the advance payment.
契約時(けいやくじ)に前払金(まえばらいきん)が必要(ひつよう)です。
An advance payment is required when the contract is signed.
工事(こうじ)の前払金(まえばらいきん)は総額(そうがく)の三割(さんわり)と決(き)まっている。
The advance payment for the construction work is set at 30% of the total.

An accounting and business term for money paid ahead of delivery. It is the money itself, not the practice of paying early.

Common collocations

Similar words