Customers Advance - Definition

Sometimes businessmen insist on their customers to make some Advance payment. It is generally asked when the value of Order is quite large or things ordered are very costly. Customers' advance represents a part of the payment towards price on the product(s) which will be delivered at a later date. Customers generally agree to make advances when such goods are not easily available in the market or there is an urgent need of goods. A firm can meet its short-term requirements with the help of customers' advances.



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CVE
Cyclical
CYP
CZK
Daily Charts
Daily Cut-Off
Daily high
Daily low
Daily trading limit
Daisy chaining
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