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Vorkasse

advance payment, prepayment

noun FOR-kas-e Rare

Usage Note

Vorkasse means paying for goods or services before receiving them. Common in online retail: Zahlung per Vorkasse. The seller reduces credit risk; the buyer carries delivery risk. It is one of the cheapest payment methods for sellers.

Examples

"Der Händler bietet bei Zahlung per Vorkasse einen Rabatt von drei Prozent an."

Natural Translation

The merchant offers a three percent discount for payment in advance.

Literal Translation

The merchant offers for payment by advance-payment a discount of three percent.

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