User:JoeWiki314/sandbox

Tier-timed is a payment system/format used by some clubs or organizations that have an annual registration with a limited time-frame of weeks or months; to promote receiving payments in a timely fashion.

It means the one-time payment amount due, will increase weekly or monthly; so later registrants pay more than earlier registrants

-- up until a preset deadline for accepting registrations.

Reference:

Even though this form of payment has been used a long time in various places, the term tier-timed was first coined in 2022August by Joe Gervais of Saint Paul, Minnesota, when registering table tennis players annually for their TCTTL(Twin Cities Table Tennis League).