not all of itI gave them £10 in part payment.→partFrom Longman Business Dictionaryˌpart-ˈpayment(alsopartial payment)noun[countable, uncountable]a payment that is part of thetotalpayment for somethingSYNPAYMENT ON ACCOUNTGift certificates can be used to purchase or as part-payment for an...
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being such inpartonly; not total or general;incomplete: a partial payment of a debt. partial blindness; a partial payment of a debt. Synonyms:limited,imperfect,unfinished Antonyms:complete biased or prejudiced in favor of a person, group, side, etc., over another, as in a controversy: ...
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Forms or Accounts of Balance of Payments: Balance of payment has the following four forms or accounts: ADVERTISEMENTS: 1. Current account 2. Capital account 3. Unilateral transfer accounts 4. Official reserve accounts ADVERTISEMENTS: Let us now try to understand all these four kinds of ac...
From a merchant perspective, one major benefit of payment APIs is that they can help automate the payments process, meaning less time and resources are needed on the business end to maintain those systems. A payment API can be used to enable both recurring and one-time payments, making them...
to be placed, inserted, precipitated, left for safekeeping, given as security or in partial payment, etc. noun money placed in a bank account or an instance of placing money in a bank account. anything given as security or in part payment: ...
The payment terms specify the amount of time the buyer has to pay for the transaction. Choose terms that encourage early payment to maximize your cash position and keep a healthy cash flow. You may choose to collect partial payments over time to keep from receiving late payments. When ...
can resume monthlypaymentsonce the forbearance period is over. The lender may approve a total reduction of the borrower’s payment or only a partial reduction, depending on the extent of the borrower’s need and the lender’s confidence in the borrower’s ability to catch up at a later ...
a security deposit is held to ensure that there is no damage to a property. This may also be the case in renting equipment. The deposit may be returned if the item or space is returned in the same condition. For other items, a deposit may be used a partial payment on the balance due...