cash advance

cash advance
/kæʃ əd'vɑ:ns/ noun
a loan in cash against a future payment

Dictionary of banking and finance. 2015.

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  • cash advance — UK US noun [C] BANKING, FINANCE ► an amount of money that someone borrows and on which they start to pay interest as soon as they receive it. The rate of interest for this type of loan is usually higher than for other types of loan: »We can… …   Financial and business terms

  • cash advance — cash ad.vance n money that you get from a bank, using a ↑credit card ▪ It seems so easy to get a $100 cash advance every few days at a local ATM machine …   Dictionary of contemporary English

  • cash advance — noun an amount paid before it is earned • Syn: ↑advance • Derivationally related forms: ↑advance (for: ↑advance) • Hypernyms: ↑sum, ↑sum of money, ↑ …   Useful english dictionary

  • Cash Advance — A loan taken out against a line of credit or credit card, typically imposing higher than normal interest charges. Often the interest charged on these loans is a fixed number of percentage points above the prime rate. Additionally, there is seldom …   Investment dictionary

  • cash advance — /kæʃ əd vɑ:ns/ noun a loan in cash against a future payment …   Marketing dictionary in english

  • Merchant cash advance — A Merchant Cash Advance is a lump sum payment to a business in exchange for an agreed upon percentage of future credit card and/or debit card sales.[1] Merchant Cash Advance companies provide funds to businesses in exchange for a percentage of… …   Wikipedia

  • advance fee — ➔ fee * * * advance fee UK US noun [C] FINANCE ► money that you pay to a person or company before receiving something such as a loan or investment: »Some ATMs charge you a cash advance fee of $3 when you take money out of the machine …   Financial and business terms

  • advance — Increase in the market price of stocks, bonds, commodities ( commodity), or other assets. Bloomberg Financial Dictionary * * * ▪ I. advance ad‧vance 1 [ədˈvɑːns ǁ ədˈvæns] adjective [only before a noun] …   Financial and business terms

  • advance — /əd vɑ:ns/ noun 1. money paid as a loan or as a part of a payment to be made later ● to receive an advance from the bank ● to make an advance of £100 to someone ● to pay someone an advance against a security ● She asked if she could have a cash… …   Marketing dictionary in english

  • advance — /əd vɑ:ns/ noun 1. money paid as a loan or as a part of a payment to be made later ● She asked if she could have a cash advance. ● We paid her an advance on account. 2. an increase 3. ♦ in advance early, before something happens ● freight payable …   Dictionary of banking and finance

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