upfront costs

Definition

Expenses that are charged at the beginning of a contract, project or business activity.

Use upfront costs in a sentence

The upfront costs were good to get out in the open because I did not want any cost sneaking up on me later.

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You should make sure that you can handle any upfront costs before you decide to proceed with any new project.

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The aspiring business owners were struggling to gather the thousands of dollars in upfront costs that starting their company would require.

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update Upfront Mortgage Broker (UMB)