What is another word for advance fee?
Pronunciation: [ɐdvˈans fˈiː] (IPA) 
The term "advance fee" can also be referred to as numerous other synonyms that describe similar payment arrangements. These include "upfront fee," "prepayment," "retainer," "deposit," "service charge," and "reservation fee." The advance fee system is commonly used in various industries, such as real estate, legal, and finance, where it can assure payment for services and secure a client's commitment to the agreement. However, there have been numerous scams and fraudulent activities where individuals have been asked to pay upfront fees with no intention of delivering the promised services. Therefore, it is crucial to exercise caution and review contracts thoroughly before committing to any advance fee agreement.
