0
When one purchases stock with a small down payment and borrows the rest of the purchase price this is called?
Wiki User
∙ 11y agoWant this question answered?
Be notified when an answer is posted
Add your answer:
Earn +20 pts
When a person borrows money what is the original amount of the loan called?
The original amount of the loan is called principal.
What is a purchase loan?
A home-financing technique in which buyer borrows from the seller instead of, or in addition to, a bank. Sometimes done when a buyer cannot qualify for a bank loan for the full amount. also called seller financing or owner financing.A purchase loan is a loan that is used to purchase something. With this in mind some common types of purchase loans include car loans as well as home loans.
What is a monthly payment called?
Amonthley payment on a house is called a "Mortgage"
What is initial payment on a mortgage called?
Down payment
What is the procurement entity?
The procurement entity is usually the department that is responsible for purchases. In a company the procurement entity would be the purchasing department, also called procurement. The larger the company the more likely there is one department that coordinates all purchases, especially bidding them our, actual purchase, receipts and possible also inventory.
What is a purchase book?
To record the credit purchases of goods dealt in or materials and stores used in the factory, a separate register called the Purchases book or the Purchase Journal, is usually maintained by firms.
Where can one purchase stationery online?
In South Africa, 1 of the most common stationary companies is a company called Waltons. They have online purchases as well as many stores where you can walk into and make your purchases.
What is the name of a form authorizing payment of a puchase?
The form is called a purchase order. Many companies and local governments will require a purchase order for any purchase that is made.
What is the difference between capital and non-capital purchases?
When the purpose of the article purchase serve more than one year, the purchase is called Capital Purchase (eg. asset purchase) and if the purpose of the article serve immediately or its consumption is within the year, such purchase is called non-capital purchase (eg. goods, stationery etc)
What is the person called if he borrows money but does not return?
Hmm, are you thinking a thief ?
Where to enter cash and credit purchase?
Purchases Journal & Cash Payments Journal.Also called as Specialized Jounal Entries. Purchases Journals record transactions that involve purchases on credit. Source documents here would probably be invoices. The purchase of inventory on credit is recorded in the purchases journal. Cash Receipts Journal record transactions that involve payments received with cash Source documents would probably be receipts and cheque butts.
When a person borrows money what is the original amount of the loan called?
The original amount of the loan is called principal.
What is the percentage of total purchases made by a customer called?
the percentage of total purchases made by a customer in your store is called ?
What is the difference between sale and higher puarchase?
sale refers to the ownership of the goods will transfer at the time of agreement itself. it is to seller to buyer. higher purchase refers to the payment made by the installment bases so the ownership of the goods will transfer after the payment of last installment is called higher purchase....
What is a monthly payment called?
Amonthley payment on a house is called a "Mortgage"
What are digital credit card payment systems?
Digital credit card payment systems are ways in which you can purchase goods using different electronic devices in a secure way. Such devices that allow credit card payments for purchase are smart phone technology equipped to scan a reader - this is called near field communication, or an eWallet - an internet account which allows to efficiently pay for purchases online, while your details are secure. You can even use a credit card in McDonald's without putting in your pin code nowadays with near field communication technology.
What is a purchase loan?
A home-financing technique in which buyer borrows from the seller instead of, or in addition to, a bank. Sometimes done when a buyer cannot qualify for a bank loan for the full amount. also called seller financing or owner financing.A purchase loan is a loan that is used to purchase something. With this in mind some common types of purchase loans include car loans as well as home loans.
