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What is an 'Advance Payment'. An advance payment is a type of payment that is made ahead of its normal schedule, such as paying for a good or service before you actually receive the good or service.
A product I want to purchase is listed as Pre-Sale.. Support Admin. This means that an order may be placed for this product with prices being locked in, but shipment will not take place until that specific product is received by Provident. product I want to purchase is listed as Pre-Sale.. Support Admin. This means that an order may be placed for this product with prices being locked in, but shipment will not take place until that specific product is received by Provident.