Tooltip Categories: Economics & Finance

payment order

Instructions to transfer funds sent via paper and/or electronic means. (source: http://en.wikipedia.org/wiki/Payment_order)

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payment in advance

A payment made for goods when they are ordered and before they are delivered. (source: http://www.qfinance.com/dictionary/payment-in-advance)

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payment in installments

A series of payments that a buyer makes instead of a lump sum to compensate the seller. Installment payments often, but do not always, include

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payment in kind

Payment made in the form of goods and services, rather than cash. (source: http://www.investorwords.com/3637/payment_in_kind.html#ixzz2SdBkI8X1)

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payment instrument

Payment instrument means any electronic or written check, draft, money order, traveler’s check or other electronic or written instrument or order for the transmission or

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payment methods

there are two types of payment methods; exchanging and provisioning. Exchanging is to change coin, money and banknote in terms of the price. Provisioning is

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payday

A specified day when one is paid, usually workers collecting wages from their employers. (source: http://en.wikipedia.org/wiki/Pay_Day)

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payday rapid loans

Small credits granted online in less than 24 hours and provided under certain conditions such as having a bank account and a payroll. Usefull for

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