Prepayment vs Advance - What's the difference?
prepayment | advance |
To bring forward; to move towards the front; to make to go on.
(obsolete) To raise; to elevate.
To raise to a higher rank; to promote.
* Bible, Esther iii. 1
* Prescott
To accelerate the growth or progress of; to further; to forward; to help on; to aid; to heighten.
To bring to view or notice; to offer or propose; to show.
* Alexander Pope
To make earlier, as an event or date; to hasten.
To furnish, as money or other value, before it becomes due, or in aid of an enterprise; to supply beforehand.
To raise to a higher point; to enhance; to raise in rate.
To move forwards, to approach.
(obsolete) To extol; to laud.
* Spenser
A forward move; improvement or progression.
An amount of money or credit, especially given as a loan, or paid before it is due; an advancement.
* Jay
* Kent
An addition to the price; rise in price or value.
(in the plural) An opening approach or overture, especially of an unwelcome or sexual nature.
* Jonathan Swift
* 1918 , (Edgar Rice Burroughs), , chapter 4:
Completed before need or a milestone event.
Preceding.
Forward.
As nouns the difference between prepayment and advance
is that prepayment is a payment in advance while advance is a forward move; improvement or progression.As a verb advance is
to bring forward; to move towards the front; to make to go on.As an adjective advance is
completed before need or a milestone event.advance
English
Alternative forms
* advaunceVerb
(advanc)- They advanced their eyelids. — Shakespeare
- Ahasueres advanced him, and set his seat above all the princes.
- This, however, was in time evaded by the monarchs, who advanced certain of their own retainers to a level with the ancient peers of the land
- to advance the ripening of fruit
- to advance one's interests
- to advance an argument
- Some ne'er advance a judgment of their own.
- Merchants often advance money on a contract or on goods consigned to them.
- to advance the price of goods
- He rose from his chair and advanced to greet me.
- greatly advancing his gay chivalry
Synonyms
* raise, elevate, exalt, aggrandize, improve, heighten, accelerate, allege, adduce, assignDerived terms
* advancement * in advance * in advance ofNoun
(en noun)- an advance in health or knowledge
- an advance in rank or office
- I shall, with pleasure, make the necessary advances .
- The account was made up with intent to show what advances had been made.
- an advance on the prime cost of goods
- [He] made the like advances to the dissenters.
- As the sun fell, so did our spirits. I had tried to make advances to the girl again; but she would have none of me, and so I was not only thirsty but otherwise sad and downhearted.
Adjective
(en adjective)- He made an advance payment on the prior shipment to show good faith.
- The advance man came a month before the candidate.
- The scouts found a site for an advance base.