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AdvancesPayments made by the servicer when the borrower fails to make a payment.
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AdvancesSee Receivables.
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Advancesan amount paid by a record label or publisher to an artist on signing (usually) a contract with them. The advances are given in order to pay recording costs and to give the artist money to live on until royalties start flooding (hopefully) in. However it is important to remember that the advances are recoupable from royalties before the artist star [..]
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AdvancesThe French Physiocrats used the term avances to indicate the outlays which had to be used in the process of production in order to yield a return in ...
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