Upfront Payment

Cash Buyer
A cash buyer is a customer who pays for goods or services by submitting cash, a check, or a money order with the order they make. Unlike credit transactions, the payment is made upfront.
Signing Bonus
An upfront payment made to employees as part of the cost of obtaining their services. Often used in competitive job markets to attract top talent.

Accounting Terms Lexicon

Discover comprehensive accounting definitions and practical insights. Empowering students and professionals with clear and concise explanations for a better understanding of financial terms.