assuredpayment
nounUK /əˈʃʊəd ˈpeɪmənt/
US /əˈʃʊrd ˈpeɪmənt/
A payment that is sure to happen.
The shop accepted the order because it came with assuredpayment.
RELATED WORDS
OTHER MEANINGS
2. A payment backed by a promise or contract.
The builder started work after receiving assuredpayment from the client.
3. Money set aside so a bill will definitely be paid.
The company kept assuredpayment funds for its monthly rent.
4. A payment confirmed in advance by a bank or insurer.
The supplier shipped the goods once assuredpayment was in place.