payment made
1payment in due course — n. Payment to the holder of a negotiable instrument on or after its maturity date in good faith and with no known defects in title. The Essential Law Dictionary. Sphinx Publishing, An imprint of Sourcebooks, Inc. Amy Hackney Blackwell. 2008.… …
2payment on account — payment made to an account, pay off an accumulated debt …
3payment — The amount required to repay a loan, including interest and fees. Bloomberg Financial Dictionary * * * payment pay‧ment [ˈpeɪmənt] noun 1. [countable, uncountable] FINANCE an amount of money that must be or has been paid, or the act of paying it …
4payment — The fulfilment of a promise, or the performance of an agreement. A discharge of an obligation or debt, and part payment, if accepted, is a discharge pro tanto. In a more restricted legal sense payment is the performance of a duty, promise, or… …
5payment on account — 1) A payment made for goods or services before the goods or services are finally billed. See also deposit 2) A payment towards meeting a liability that is not the full amount of the liability. The sum paid will be credited to the account of the… …
6payment under mistake of fact — A payment made by one person to another on the mistaken supposition of the existence of a specific fact which would entitle the other to the money, where the money would not have been paid if it had been known to the payer that the fact was… …
7payment under mistake of law — A payment made by a person who having full knowledge of the facts comes to an erroneous conclusion as to their legal effect. 40 Am J1st Paym § 207 …
8payment into court — In litigation, the defendant may make an offer that he feels the plaintiff ought to accept. There is a procedure whereby this is paid into court . If the plaintiff thereafter continues the proceedings, but obtains less damages than the amount… …
9Payment protection insurance — Payment protection insurance, (also known as PPI, credit protection insurance, loan repayment insurance, not to be confused with income protection or credit card cover) is an insurance product that is often designed to cover a debt that is… …
10payment on invoice — ► COMMERCE payment for goods and services that must be made after the buyer receives an invoice: »Terms are payment on invoice within 15 days of invoice date. Main Entry: ↑payment …
