Evergreen Retainer | Practical Law

Evergreen Retainer | Practical Law

Evergreen Retainer

Evergreen Retainer

Practical Law Glossary Item 0-382-3448 (Approx. 2 pages)

Glossary

Evergreen Retainer

An advance held and applied to a final invoice for goods or services, with all other invoices paid as they become due. Alternatively, payment in advance for goods or services once the initial advance has been paid down.