international payment
11International commercial law — is the body of law that governs international sale transactions. [Mo, John S.; International Commercial Law (2003) 1.] A transaction will qualify to be international if elements of more than one country are involved. [Pryles, Jeff Waincymer, and… …
12International Financial Reporting Standards — (IFRS) are standards and interpretations adopted by the International Accounting Standards Board (IASB). Many of the standards forming part of IFRS are known by the older name of International Accounting Standards (IAS). IAS were issued between… …
13International aid to Palestinians — International aid has played a major role in the Israeli Palestinian conflict as it has been used as a means to keep the peace process going. [Keating (2005), 2] Palestinians in the West Bank and Gaza Strip receive one of the highest levels of… …
14payment 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… …
15international money order — ˌinternational ˈmoney ˌorder abbreviation IMO noun [countable] FINANCE a method of making small payments to a person in another country: • Payment can be by cheque, cash or international money order. * * * international money order UK US noun [C] …
16payment in lieu of notice — (PILON) A contractual right to pay an employee a lump sum rather than require them to work out their statutory or contractual notice period. If there is no PILON clause in a contract of employment then an employer who pays an employee a lump sum… …
17International Accounting Standards — International Financial Reporting Standards Les normes internationales d information financière, plus connues au sein de la profession comptable et financière sous leur nom anglais de International Financial Reporting Standards ou IFRS sont des… …
18International Settlements, Bank for — international bank established at Basel, Switz., in 1930, as the agency to handle the payment of reparations by Germany after World War I and as an institution for cooperation among the central banks of the various countries (see Young… …
19payment waterfall — United Kingdom Also known as a cash flow waterfall. The pre determined flow of funds and priority of distributions or allocations between or among debt or equity holders specified in intercreditor agreements or security trust arrangements… …
20payment-in-kind — (PIK) USA In the case of bank loans, a feature whereby the interest is added to the principal balance of the loan (referred to as capitalized) instead of being paid to the lender in cash (called cash pay interest). In the case of other securities …
