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term:
Advance
advance vt
ad·vanced
ad·vanc·ing
: to supply or provide ahead of time: as
a : to give (a gift) by way of or as an advancement
b : to supply (as money) beforehand in expectation of repayment or other future adjustment
n : a provision of something (as goods or money) before a return is received
;also
: the money or goods supplied
Source: Merriam-Webster’s Dictionary of Law ©1996. Merriam-Webster, Incorporated. Published under license with Merriam-Webster, Incorporated.