forward payment
[/ˈfɔrwərd ˈpeɪmənt/]
nounpl: forward payments
pagamento antecipado
1. A payment made in advance before goods are delivered or services are rendered
The supplier requires a forward payment of 50% before manufacturing begins.
O fornecedor exige um pagamento antecipado de 50% antes que a fabricação comece.
2. In finance, a payment made prior to the agreed-upon date or scheduled payment date
Making a forward payment on your mortgage can reduce the total interest paid.
Fazer um pagamento antecipado na sua hipoteca pode reduzir o total de juros pagos.
3. A contractual arrangement where payment occurs before the completion or delivery of the transaction
International trade often involves forward payments to secure the transaction.
O comércio internacional frequentemente envolve pagamentos antecipados para garantir a transação.
In Brazil, forward payments are common in international trade and construction projects to mitigate financial risk. In the USA, this practice is standard in real estate transactions, online purchases, and contractor agreements. The concept reflects different levels of trust and financial security between parties in commercial relationships across both cultures.
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