Payments
Milestone Payment
A staged installment released when a specific project stage, such as script approval or delivery, is completed.
What it means in practice
Each installment is linked to a defined deliverable, acceptance criterion, due date, and percentage or amount. The schedule may cover stages such as concept approval, draft delivery, final approval, and publication.
Why it matters
Objective milestone criteria reduce cash-flow exposure and disagreements over project completion.
How it is used
A creator receives staged payments after the brand approves the concept, draft video, and final UGC asset.
Also called
staged payment
Related terms
- EscrowHolding campaign funds with a neutral third party until agreed deliverables are approved and released.
- Kill FeeCompensation owed when a brand cancels a booked project after commitment but before or during production.
- RetainerA recurring fee paid across a set period securing an agreed volume of creator work each month.