What is another word for advance fees?
Pronunciation: [ɐdvˈans fˈiːz] (IPA) 
Advance fees are a common occurrence in today's world. However, there are several synonyms used to describe this fee structure. Some of these include upfront fees, prepayment fees, retainer fees, service fees, or deposit fees. Though they are known by different names, the underlying principle behind all these advance fees remains the same. Such fees are charged in advance for a service or product to be delivered at a later date. Advance fees are often associated with loans, insurance policies, and legal services. While they are accepted as part of the business process, it is important to be aware of the potential scams or fraudulent activities that may be associated with these forms of payment.
