Clients & FreelancingBeginner
Deposit
Pronunciationduh-POZ-it
Definition
An upfront payment made by a client before any development work begins, used to secure the project and cover initial costs.
Where you hear it
In freelance contract negotiations, project kickoffs, and payment discussions.
Examples
We require a fifty percent deposit before writing any code.
The client sent the deposit, so we can start the project today.
Common mistake
Starting development or writing code before receiving the deposit, which risks non-payment if the client disappears.
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