logoalt Hacker News

gus_massayesterday at 4:49 PM1 replyview on HN

I agree, it's like "reverse insurance". I'm not sure what is the name.

In insurance, you pay [-$10] to avoid a potencial negative risk [-$100].

Here you get money [+$10] instead of waiting for a potencial positive benefit [+$100].

Very slightly related https://en.wikipedia.org/wiki/Reverse_mortgage


Replies

tmtvltoday at 4:29 PM

The term you're looking for is 'instant gratification'.