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What is the functions of the different means of payment for a third party payments?
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∙ 14y ago
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∙ 14y ago
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What is a semi monthly payment?
That means two payments per month.
What does semi annual payments mean?
Semi annual payment means payment done every half year or twice a year.
Why do interest payments decrease each month and the principal payment increases?
Mortgages are typically "front-loaded." That means the interest is paid more aggressively in the beginning of the life of the loan than the principal. As the loan matures, less of your payment is devoted to paying the interest on the loan and more is applied to your principal balance. It is important to mark extra payments as being toward the principal, otherwise your mortgage servicer may apply any extra payments as an additional monthly payment instead of reducing the principal.
Is direct debit a good payment system?
Generally, for regular payments, direct debit is a good payment system as it means that there is no need to worry about paying a bill as it is automatically taken out of your bank account. However, if your bank balance is uncertain, direct debit is perhaps not the best payment system.
Balance of payments deficit?
A balance of payments deficit means there is an imbalance in the balance of payments of a country where the payments the country makes are more than the payments they received. It means the balance of payments is negative. A balance of payments deficit is,when government expenditure is more than government revenue
What is a semi monthly payment?
That means two payments per month.
What does semi annual payments mean?
Semi annual payment means payment done every half year or twice a year.
What does In kind?
This usually refers to payments, the payment is made by non-monetary means, as a form of exchange.
What does standard of deferred payment mean?
In economics, one of the four functions of money is to serve as a "standard of deferred payment". It means that a contract or agreement may specify (or imply) that the repayment of a debt be made using a particular monetary unit. It differs from other functions of money in that it is not functioning as an immediate medium of exchange or store of value but, rather, as a medium by which future payments will be made.
What do you mean by factor payments?
Factor payments means is a wage or interest or rent or profit payment for a service of scarce resources, in return for a productive services.
What does 'in kind' mean?
This usually refers to payments, the payment is made by non-monetary means, as a form of exchange.
What does 1111111 mean on your credit report payment history?
means your up to date with your monthly payments in the past 7 mths (past) 1111111 (present) if you have a 2s or 3s in the series of numbers ... ie) 111231121 it means you have been behind with your monthly payment that paticular month. 1s mean paid monthly payment on time 2s mean 30 days (missed one payment) 3s mean 60 days (missed two payments) 4s mean 90 days (missed three payments)
If you are a month behind on rent have been in contact with the landlord Can he still evict me if I make the rent payments current?
If he accepts the rent he cannot evict you for non payment, but could ask you to leave based on constant tardiness of payment. If he doesn't accept the payments this means he is evicting you.
What means that the functions of an organism are performed by different parts of its body?
it means different functions are done by different parts of the body. you speak through your mouth, see with your eyes, think with your brain...
Why banks require down payments?
To prove that you have the means to conduct the affair you are proposing. Also to legally "enact" the contract in respect of the payment.
What are the formulas in probability?
There are many, many formulae:for different probability distribution functions,for cumulative distribution functions,for moment generating functions,for means, variances, skewness, kurtosis and higher moments.There are many, many formulae:for different probability distribution functions,for cumulative distribution functions,for moment generating functions,for means, variances, skewness, kurtosis and higher moments.There are many, many formulae:for different probability distribution functions,for cumulative distribution functions,for moment generating functions,for means, variances, skewness, kurtosis and higher moments.There are many, many formulae:for different probability distribution functions,for cumulative distribution functions,for moment generating functions,for means, variances, skewness, kurtosis and higher moments.
What does mc means of payment mean?
"means of payment" refers to how you will get the money to pay them.For example, if you take out a loan, they will want to know how you will come by the money to pay them back (job, etc.)"A $100,000/year job provides you the means to afford the loan payments on a $200,000 mortgage."
