cash advance

noun
UK /ˈkæʃ ədˌvɑːns/
US /ˈkæʃ ədˌvæns/

Money you borrow and get right away, like a quick loan.

She got a cash advance from her credit card to pay for the car repair.


OTHER MEANINGS

2. Money paid to you before you earn it, such as part of your salary paid early.

His boss gave him a cash advance on next month's pay.

3. A withdrawal of cash using a credit card, often with extra fees.

The cash advance at the ATM came with a high fee.

4. A short-term loan given by a business to a customer.

The store offered a cash advance to help customers buy furniture.