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Tooltip Tags: payments

receipt

Formal, written acknowledgment that something of value has been received. (source: http://www.businessdictionary.com/definition/receipt.html#ixzz29eZGKp8T)

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postponement

Action of arranging something to take place at a time later than that first scheduled.

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payment on account

A payment on account is a payment made in partial payment of a bill which has not yet been received. (source: http://forum.wordreference.com/showthread.php?t=869136&langid=24)

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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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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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payment bond

A payment bond is a surety bond posted by a contractor to guaranty that his subcontractors and material suppliers on the project will be paid.

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