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Advance Funding

  

Think: payday loan. You know you are going to get paid $1,000 in a week, but you need the money today, so you get an advance against your future payment. Of course, you have to pay this back, with big interest. Nothing is free, and this sort of loan against a future loan payout, annuity or maybe a lawsuit settlement, is gonna cost ya.

Find other enlightening terms in Shmoop Finance Genius Bar(f)