retainer

Definitions

Accounting

  • noun money paid in advance to someone so that they will work for you and not for someone else

Information & Library Science

  • noun a fee paid to somebody so that they will be available to work for you when required

Law

  • noun a fee paid to a barrister
  • noun money paid in advance to someone when they are not actively working for you so that they will work for you on the occasions when they are needed
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