Business / Real Estate / Advance Fee: A fee paid before any services are rendered. Specifically, it is a practice of some brokers to obtain a nonrefundable fee from the seller in advance to cover the advertising of properties or businesses for sale while giving no guarantee that a buyer will be found, which is often held to be improper conduct. Brokers must keep accurate records of expenditures.
Advance Noun Synonyms: progress, development, progress, forward movement, improvement, betterment, headway
Advance Verb Synonyms: move or put or push or go forward, approach
Fee Verb Synonyms: charge, price, cost, fare, bill, tariff, toll, damage(s)
Fee Noun Synonyms: pay, payment, emolument, compensation, recompense, honorarium, remuneration, rate, wage(s), stipend, salary
Business / Real Estate / Advance Fee Addendum: An agreement specifying services for which an agent or broker will be compensated including a provision for payment of an advance fee. MORE
Business / Agriculture / Milk-Feed Price Ratio: A measure of the value of 16% protein ration (feed) to one pound of whole milk. As with the hog-corn ratio, this relationship is an indicator of the profitability of milk production. MORE