What is another word for pre-payments?
Pronunciation: [pɹˈiːpˈe͡ɪmənts] (IPA) 
Pre-payments are a useful financial tool that helps businesses and individuals pay for goods or services in advance. However, there are several synonyms for this term that can be used interchangeably depending on the context. Some common synonyms for pre-payment include advanced payment, upfront payment, early payment, deposit, down payment, and partial payment. These terms are all used to describe payments made prior to the delivery of goods or services. Whether you are a supplier or a customer, it's important to understand these synonyms and their nuances to make the most informed decisions about your financial transactions.
