Advance payment

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An advance payment refers to a payment of money , which a shareholder of a company gets paid before the actual distribution of the profit comes from. An example is the salary of the managing director of an OHG : This is not a salary in the sense of income from non-self-employed work , but a share of the company's profit ( income from commercial operations ) that the partner receives due to his management activity before the The rest of the profit is distributed equally to all shareholders.