In multiple shops, normally credit cards and/or e gift cards are used, as cash or check payments are fast becoming things of the past.
Annuity is a term that usually relates to financial matters. The word annuity would normally be meant to describe any continuous payment with a fixed total annual amount.
In a payment term, "inst" typically stands for "installment." It refers to a portion of a total amount that is paid in multiple smaller payments over time, rather than as a single lump sum. This term is commonly used in financing agreements, loans, or purchase arrangements where the buyer pays off the total cost in scheduled payments.
After Deducting Freight (People seem to make their own payment term abbreviations!)
Coupon Payment
Payment settled on 2nd day, 2nd Month
Honorarium.
Clientele is singular: a 'grouping' term like 'flock' or 'horde' that lumps multiple individual units into a single term. So, "During its heyday, the shop's clientele was representative of the finest in high society."
Balloon Payment
A single payment loan is just what it implies. The loan is due and payable in one lump sum, principal and interest, at the end of the period of time of the loan. Most loans are multiple payment or installment payment loans, like car loans, credit cards or mortgages where payments are made on a regular (usually monthly) basis over the term of the loan. This reduces the amount due on the loan gradually. In a single payment loan, nothing is paid during the term of the loan until the due date. On that date everything must be paid in full.
CAD payment term
guerdons
Foolish questions are not answered