payment

Definition
The partial or complete discharge of an obligation by its settlement in the form of the transfer of funds, assets, or services equal to the monetary value of part or all of the debtor's obligation.




payment is ...
... part of the
Accounting subject.


Related Terms

deferred payment -
prepayment -
prepayment risk -  More
prepayment penalty, prepayment privilege, single-payment loan, additional principal payment, graduated payment, balance of payments, immediate payment annuity, stop payment, transfer payments, receive versus payment  and  


payment appears in these other terms

delivery vs. payment, average payment period, payment-in-kind security, Clearing House Interbank Payments System, Clearing House Automated Payment System


payment appears in the definitions of these other terms on BusinessDictionary.com

Loading...








Browse by Letter: # A B C D E F G H I J K L M N O P Q R S T U V W X Y Z