Principal
TRANSFER indicates the movement of an item, and in the case of "mortgage" means the change in ownership of the title (it is "moved" from borrower or seller to lender or buyer).
When purchasing a home, it is customary to have an independent inspector go over the property for defects, such as bad wiring, inoperative plumbing. leaky roof, etc. The payment for the services of the inspector are usually included in the closing fees and listed as a separate item. A thorough inspection by a competent inspector can save a buyer a lot of money in the future by alerting them to problems in the house and grounds.
Installment plan
A guaranteed loan of any type is a loan that is backed up by your automobile, home or anything else of equal value that you put up to back the loan. This is not the best type of loan to take out because you can easily lose the item you put up for collateral against the loan if you do not make a timely payment. Many times and depending upon the contract for the loan, you could lose your car if you miss a payment for only one day. Read the fine print.
Escrow is money put aside for a particular item. For example in a home mortgage you might have an escrow account which might include your house insurance. Thus part of your mortgage payment would include an escrow for insurance and they would pay it in full when it becomes due but you would pay it in 12 payments. Another definition for escrow is: aneutral third party that holds documents (such as a deed to property andmortgage documents), money and the instructions for their exchange. For example, in most western states escrow companies facilitate the closing of real estate purchase transactions.
A check drawn by a depositor in payment of a voucher for 725 was recorded in the journal as 257, this item would be included in the bank reconciliation as a deduction from the balance. The error should be corrected by the depositor.
CASH DISBURSEMENT: A payment of money or simply a payment. Usually, the writing of a check to pay for an item previously obligated to be paid, such as loan payment, salary payment or accounts receivable payment.
You are putting the item on layaway.
Usually the instructions are included with the item or coupon included inside the game that you got it in. You might have to go into the Nintendo eshop and enter the code there.
If you have some kind of policy that "the item will not be sent until payment is received", you should be fine.If you have no intention of sending the item, you're a scam artist, and may not only be sued, but arrested for fraud. However, you can easily argue that a "pending payment" is not a valid "payment".Once the payment is valid, I suggest you get the ball rolling, and immediately send the item that, at that point, legally belongs to the individual who bought it.Side Note: Perhaps, explaining that you'll send the item when the payment is valid, will calm the individual down.
With installment buying you make a down payment, take the item and use it while paying for it. Wit layaway, you make a down payment, pay for the item over a period of time, and take it home once it is fully paid for.
Payment options depend on the specific seller. Read the item listing for payment details.
A down payment is a initial payment made towards the purchase of a big-ticket item, such as a house or a car. It is typically a percentage of the total purchase price and is paid upfront, with the remaining amount financed through a loan or mortgage.
Trial by Jury
The dumbbells are not included in the price, but one perk about this item is that you have a few different color options that you can order it in, rather than just the plain white.
You can't. The item shouldn't have been delivered until the check was cleared.
Whether or not you still have the item, you're responsible for the payment.