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Advance Fee |
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Advance FeeA fee charged by a broker to a seller to cover all ora portion of the broker's costs of promoting the property. The fee is generally credited against commissions but is not refunded if no commissions are received. Most frequently used in connection with large offerings which require a substantial outlay of funds for promotion.Advance Fee Similar MatchesAdvanceAdvanceIncrease in the market price of stocks, bonds, commodities, or other assets. AdvanceAdvanceLoan from a bank or building society in the form of a mortgage. Cash in AdvanceCash in AdvanceA payment term meaning the buyer pays the seller before shipment is effected. Advance refundingAdvance refundingIn the context of municipal bonds, refers to the sale of new bonds (the refunding issue) before the first call date of old bonds (the issue to be refunded). The refunding issue usually specifies a rate lower than the issue to be refunded, and the proceeds are invested, usually in government securities, until the higher-rate bonds become callable. See: Refunding escrow deposits. Further advanceFurther advanceYou can sometimes have the facility to borrow further funds once you have been paying your mortgage for a set period of time, especially with a flexible mortgage. A fee is charged by your lender to cover the cost of assessing the merits of your application. Costs £50 - £100 Further SuggestionsAdvance deposit requirementAdvance commitment advance corporation tax Advance Computerized Execution System (ACES) Mortgage advance Advanced country Advance funded pension plan Further advance legal fee further advance |
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