(payment agreement)
1payment agreement — agreement reached which determines the way a debt will be repaid …
2payment — I (act of paying) noun acquittal, acquittance, amortization, amortizement, clearance, compensation, defrayal, defrayment, disbursement, discharge of a debt, expenditure, liquidation, outlay, quittance, receipt in full, reckoning, recompense,… …
3agreement — agree·ment n 1 a: the act or fact of agreeing by mutual agreement b: unity of opinion, understanding, or intent; esp: the mutual assent of contracting parties to the same terms if they reach agreement ◇ Under common law, agreement is a necessary… …
4agreement — a‧gree‧ment [əˈgriːmənt] noun [countable] 1. an arrangement or promise to do something, made by two or more people or organizations: • Under the agreement, the company will distribute our products in North America. • What happens if the warring… …
5Payment 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… …
6payment in lieu — index composition (agreement in bankruptcy) Burton s Legal Thesaurus. William C. Burton. 2006 …
7deferred-payment agreement — See hire purchase …
8payment — 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… …
9payment on account — Part payment of an outstanding debt, usually coupled with an agreement to repay the balance at a specified date …
10agreement among underwriters — A contract among participating members of a syndicate that defines the members proportionate liability, which is usually limited to and based on the participants level of involvement. The contract outlines the payment schedule on the settlement… …