How To Define Upfront Pricing?
A simple definition of Upfront Pricing is: The initial price refers to the interest rate and the limit set for the borrower when purchasing and issuing credit cards.
- The term starting price refers to the interest rates and limits that have been set for the borrower as a result of signing and issuing credit card companies.
- Lenders use automated technology at the beginning of a consumer relationship to define all pricing terms.
- Two examples of starting credit card price variables are interest rates and credit limits.
- The initial pricing method is a risk-based pricing that is used by the credit market in the pricing of various credit products such as credit cards and auto loans.
Literal Meanings of Upfront Pricing
Meanings of Upfront:
Advance (one payment)
Bold, honest and straightforward.
(Payment) is made in advance.
Forward or prominent position.
Synonyms of Upfront
in the vanguard, on the level, leading, in readiness, frank, in the lead, coming first, ahead of time, in the van, to the fore, sincere, at the head, candid, honest, in advance, truthful, honest-to-goodness, up ahead, beforehand, at the fore, at twelve o'clock, open, ahead
Meanings of Pricing:
Determine the amount needed (something to be offered for sale)
Discover or quote (sell something).
The amount that is given as an expectation, need, or payment of something.
Negative experiences or actions that are performed as a condition for experiencing or achieving a goal
Sentences of Pricing
The watch costs 55 55
He thought it was a simple waste, although he had sold most of the items he had acquired over the years at prices that many people see.
Land can be sold at a higher price.
The price of success is a day of debate
Synonyms of Pricing
forfeiture, set the price of, penalty, fare, consequence, value, total, toll, assay, sum, terms, put a price on, selling price, cost, payment, asking price, estimate, fee, amount, rate, result, evaluate