payment agreement — agreement reached which determines the way a debt will be repaid … English contemporary dictionary
payment — 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,… … Law dictionary
agreement — 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… … Law dictionary
agreement — 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… … Financial and business terms
Payment 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… … Wikipedia
payment in lieu — index composition (agreement in bankruptcy) Burton s Legal Thesaurus. William C. Burton. 2006 … Law dictionary
deferred-payment agreement — See hire purchase … Big dictionary of business and management
payment — 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… … Black's law dictionary
payment on account — Part payment of an outstanding debt, usually coupled with an agreement to repay the balance at a specified date … Business law dictionary
agreement 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… … Financial and business terms
payment settlement agent — An agent that executes the cash transfer upon the request of either an agreement party, or a clearing agent. Euroclear Clearing and Settlement glossary … Financial and business terms
