Tooltip Categories: Economics & Finance

payment deferment

A debt which has been incurred and will be paid back at some point in the future. (source: http://www.investorwords.com/1365/deferred_payment.html)

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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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pawnshop

A store which offers loans in exchange for personal property as equivalent collateral. If the loan is repaid in the contractually agreed time frame, the

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pay

The money paid to someone for regular work. (source: http://oxforddictionaries.com/definition/english/pay?q=pay)

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pay (verb)

give (someone) money due for working, goods, or a debit incurred. (source: http://www.wordreference.com/es/translation.asp?tranword=pay)

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pay by direct debit

The payer authorize the payee take a direct debit for any amount at any time, or to instruct the bank to honour direct debit requests

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pay in cash

The use of banknotes and coins with legal tender status to pay purchases of goods and services.

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passive management

Passive management is a style of management associated with mutual and exchange-traded funds (ETF) where a fund’s portfolio mirrors a market index. Passive management is

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