payment
Definition
Compensation, discharge or performance of an obligation, or reimbursement, by giving over something that is of satisfactory value to its recipient, such as money.
payment is in the Accounting & Auditing and Banking, Commerce & Finance subjects.
payment appears in the definitions of the following terms:
impossibility of performance,
mode of payment,
pro rata guarantee,
interest rate swap,
credit terms,
electronic commerce (E-Commerce),
current liabilities to inventory ratio,
expense,
straight bill of lading (B/L),
annuity certain
and
payment appears in the other terms:
graduated payments mortgage (GPM),
balance of payments (BOP),
delivery payment,
skip payment lease,
graduated payments loan,
contingency payment,
full payment lease,
level payment mortgage,
payment history analysis,
documents against payment (D/P)
and
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