Clients & FreelancingIntermediate
Retainer
Pronunciationrih-TAY-ner
Definition
A regular monthly payment that reserves a set amount of your time or availability for a client.
Where you hear it
Long-term client work and maintenance contracts.
Examples
The client pays a monthly retainer for ten hours of support.
A retainer gives me stable income.
Common mistake
Not defining what the retainer covers. Write the hours, the tasks, and the response time.
Keep exploring
More in Clients & Freelancing