Jurisdiction(s):
United Kingdom

Related legal acts

Key definition

Advance payment definition

What does Advance payment mean? An advance payment is a sum paid up front by an employer to a contractor to fund mobilisation, procurement of materials or plant, and other start-up costs, typically before work on site begins. It is a descriptive contractual term rather than a statutory concept; its availability, amount and conditions are defined by the contract (some standard forms include express mechanisms, for example NEC options for advance payments). Key features commonly include: - Conditions precedent (such as an advance payment bond or guarantee, insurances, and a programme). - Single or staged release. - Contractual repayment by deductions from interim payments or...

UK publishing contracts: advances, royalty structures for print/e‑books/audiobooks, co‑editions, omnibus inclusions, and non‑royalty income (merchandising, serial/anthology, film/TV, ghost‑writing, third‑party clearances)

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Practice notes

This Practice Note sets out an overview of payment models and Royalty practice within the publishing sector. It addresses: advances; how royalties are computed on physical books; co-edition royalties; omnibus inclusion royalties; e-book royalties; and audiobook royalties. It further defines and explores non-royalty revenue, including takings from merchandising, anthology rights, serial rights, film and television options, fees for the use of third party material, flat fees and ghost writer agreements. For authors of general consumer works, the most established route to remuneration is an upfront sum from a publisher (an advance) with later payments calculated as a percentage of the proceeds of sale (a royalty or royalties). However, this approach does not always apply, for example in academic publishing or journals.

Advances

In essence, an advance is a payment credited against possible future royalty Earnings, granted in return for a licence to publish the work. The precise size of the advance will hinge on multiple considerations, notably the parties’ relative bargaining strength, which itself turns on matters such as whether the author is already established and any earlier success with prior titles. Market conditions and prevailing trends also play a part in negotiations and will influence expectations on both sides...

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Web page updated on 21/05/2026

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