Knowledge Base
    Business

    Retainer

    An ongoing fee paid to secure continued services, often billed monthly for a set number of hours or deliverables.

    More Details

    Retainer agreements provide predictable income for service providers and priority access for clients. They typically specify minimum hours/deliverables, rollover policies, and scope boundaries. Monthly retainers are common in consulting, legal, and creative services.

    Related Terms

    Recurring InvoiceScope of Work

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