advance payment plan
[/ədˈvæns ˈpeɪmənt plæn/]
nounpl: advance payment plans
plano de pagamento antecipado
1. A financial arrangement where a customer or client pays for goods or services before delivery or completion, often with structured installments or a lump sum paid upfront
The construction company offered an advance payment plan that required 30% down payment before starting the project.
A construtora ofereceu um plano de pagamento antecipado que exigia 30% de entrada antes de iniciar o projeto.
2. A payment schedule where payments are made in advance rather than upon delivery or invoice
Many software companies use an advance payment plan where customers pay for annual subscriptions upfront.
Muitas empresas de software utilizam um plano de pagamento antecipado onde os clientes pagam as assinaturas anuais adiantadamente.
Advance payment plans are common in Brazil for construction projects, real estate transactions, and large purchases. In the USA, they're typical for subscription services and contractor work. The practice reflects trust levels and risk management in commercial relationships, with cultural differences in how eagerly customers accept prepayment requirements.
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