system of payment

  • 1payment by results — UK US noun [uncountable] business british a system of payment in which employees’ salaries depend on how well they do their jobs Thesaurus: wages and salariessynonym extra payments and benefits in addition to wageshyponym …

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  • 2payment — 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 …

    Financial and business terms

  • 3payment by results — A system of payment in which an employee s pay is directly linked to his performance. The majority are premium bonus schemes. See also piece rate; lump sum …

    Big dictionary of business and management

  • 4payment by results — UK / US noun [uncountable] business British a system of payment in which employees salaries depend on how well they do their jobs …

    English dictionary

  • 5payment-by-results — ˌpayment by reˈsults noun [uncountable] HUMAN RESOURCES abbreviation PBR a system of paying people according to how much they produce or sell: • Wages in the clothing industry are based on a payment by results system …

    Financial and business terms

  • 6Payment of members — is the provision of a salary to members of a legislature. From time to time, proposals were made to reintroduce in the English parliamentary system a practice that was almost universally adopted in other countries, that of paying a state salary… …

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  • 7payment by results — (ABBREVIATION PBR) ► HR, WORKPLACE a system of paying employees in which the amount paid varies according to the amount of work they do or the profit that is made Main Entry: ↑payment …

    Financial and business terms

  • 8Payment Card Industry Data Security Standard — The Payment Card Industry Data Security Standard (PCI DSS) is an information security standard for organizations that handle cardholder information for the major debit, credit, prepaid, e purse, ATM, and POS cards. Defined by the Payment Card… …

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  • 9Payment system — A payment system is a system (including physical or electronic infrastructure and associated procedures and protocols) used to settle financial transactions in bond markets, currency markets, and futures, derivatives or options markets, or to… …

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  • 10Payment — A payment is the transfer of wealth from one party (such as a person or company) to another. A payment is usually made in exchange for the provision of goods, services or both, or to fulfill a legal obligation. The simplest and oldest form of… …

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