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   Also found in: Dictionary/thesaurus, Medical, Financial, Acronyms, Idioms, Encyclopedia, Wikipedia, Hutchinson 0.03 sec.

To pay money or give something of value before the date designated to do so; to provide capital to help a planned enterprise, expecting a return from it; to give someone an item before payment has been made for it.

advance n. a type of loan in which payment is made before it is legally due, such as before shipment is made, a sale is completed or a note is due to be paid.
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