cash advance

• Servicio financiero por el cual el titular de una tarjeta de crédito o un prestatario obtiene efectivo inmediato o un préstamo a corto plazo, generalmente con altas comisiones e intereses, ya sea contra el límite de su tarjeta o contra un salario o ingreso futuro.

A financial service where a borrower receives a short-term loan or withdrawal of cash against their credit card limit or upcoming paycheck, typically with high fees or interest.

1. Short-term loanB2formal

   A service provided by credit card issuers or lenders allowing a cardholder to withdraw cash against their credit limit, often with high fees and interest.

   adelanto de efectivo

   • He used a cash advance from his credit card to pay the emergency bill.
   • The bank charges a 5% fee on all cash advances.
   • Taking a cash advance can be very expensive due to high interest rates.

2. Payroll advanceB2formal

   An amount of money an employer gives to an employee before their regular payday, deducted from future wages.

   anticipo de nómina

   • She requested a cash advance from her employer to cover travel expenses.
   • The company policy allows employees to get a cash advance once a month.
   • He repaid the cash advance from his next paycheck.