{"@context":"https://schema.org","@type":"DefinedTerm","name":"Advance Payment","description":"Exporters demand advance payment when dealing with unknown buyers or when credit risk in the destination market cannot be adequately assessed. The buyer transfers the full or partial invoice amount before goods are dispatched or services rendered—making it the most secure payment term for the seller, with virtually no risk of non-payment. For the buyer, the exposure is maximum: funds leave the account before any goods are received, and the entire performance risk rests with the seller. In trade ","inDefinedTermSet":{"@type":"DefinedTermSet","name":"Frachtportal Logistics Glossary","url":"https://www.freight-academy.com/en/glossary"},"url":"https://www.freight-academy.com/en/glossary/advance-payment","inLanguage":"en","dateModified":"2026-06-23T13:45:49.775990","citation":"https://www.investopedia.com/terms/a/advance-payment.asp","markdownMirror":"https://www.freight-academy.com/api/md/glossary/en/advance-payment","provider":{"@type":"Organization","name":"Frachtportal","url":"https://www.freight-academy.com"},"quickSummary":"Advance Payment · Exporters demand advance payment when dealing with unknown buyers or when credit risk in the destination market cannot be adequately assessed. · Quelle: https://www.investopedia.com/terms/a/advance-payment.asp"}