payment — 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
accelerated receipt — A percentage reduction in the amount of compensation paid to an individual on termination of employment to reflect the fact that payment is received in one lump sum rather than over the whole notice period. The amount of the percentage reduction… … Law dictionary
accelerated death benefit — UK US noun [U] ► INSURANCE an arrangement in some life insurance contracts, where in case of serious illness you can receive part of the payment before death in order to pay medical bills … Financial and business terms
Accelerated Payments — A term associated with making additional unscheduled payments on a loan at predetermined, or random intervals. Making additional unscheduled payments reduces the principal balance of the loan, meaning that more principal and less interest is paid … Investment dictionary
Accelerated Amortization — Extra payments made towards paying down a mortgage principal. With accelerated amortization, the loan borrower is allowed to add additional payments to their mortgage bill in order to pay off a mortgage before the loan settlement date. The… … Investment dictionary
Accelerated Option — This term refers to an option in an insurance contract, usually in the form of a rider, that allows for accelerated benefits or partial benefits sooner than they would otherwise be payable. Alternatively, in life insurance contracts, an… … Investment dictionary
Accelerated Benefits — A clause in certain life insurance policies that enables the policy holder to receive the benefits before death. Accelerated benefits are normally reserved for those that suffer from a terminal illness, have a long term high cost illness, require … Investment dictionary
international payment and exchange — ▪ economics Introduction international exchange also called foreign exchange respectively, any payment made by one country to another and the market in which national currencies are bought and sold by those who require them for such… … Universalium
Dynamic Discounting — Dynamic Payables Discounting is a process which allows buyers and sellers of commercial goods and services to dynamically change the payment terms such as net 30 to accelerated payment based on a sliding discount scale. Dynamic Payables… … Wikipedia
Dynamic discounting — Dynamic payables discounting is a process which allows buyers and sellers of commercial goods and services to dynamically change the payment terms such as net 30 to accelerated payment based on a sliding discount scale. Dynamic payables… … Wikipedia