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What is the correct abbreviation for the word 'payment'?

The correct abbreviation for the word "payment" is "paymt." This abbreviation is commonly used in financial contexts and documentation to save space while still conveying the intended meaning.


What is the abbreviation for voucher?

The common abbreviation for "voucher" is "vch." This abbreviation is often used in accounting and financial contexts to refer to a document that serves as proof of a transaction or as a means of payment.


What does BP abbreviation stand for on your bank statement?

BP stands for Bill Payment - the payment has been transferred from another bank account. BP actually stands for BACS Payment. Which is Bankers' Automated Clearing Services'.


Often you will see payment terms written out using the abbreviation 210 n30?

The abbreviation "2/10, net 30" indicates payment terms where the buyer can take a 2% discount on the invoice total if paid within 10 days; otherwise, the full amount is due within 30 days. This incentivizes prompt payment while providing a standard timeframe for settling the invoice. Such terms are commonly used in business transactions to encourage timely cash flow.


What does Pscs stand for on bank statement?

On a bank statement, "PSCS" typically stands for "Payment Services Clearing System." It refers to a type of transaction related to electronic payments or transfers that are processed through a clearing system. If you see this abbreviation, it usually indicates a transaction involving electronic funds transfer or payment processing.

Related Questions

What is the correct abbreviation for payment?

pmt.


What is the correct abbreviation for the word 'payment'?

The correct abbreviation for the word "payment" is "paymt." This abbreviation is commonly used in financial contexts and documentation to save space while still conveying the intended meaning.


What is the abbreviation of DES PAYMENT ON BANK STATEMENT?

The abbreviation "DES" on a bank statement typically stands for "Description." It is used to provide a brief description of the transaction or payment that was made. In this context, "DES PAYMENT" would indicate that the transaction was a payment of some sort.


What is DA term of payment?

DA is the abbreviation of Document againts Acceptance.


What is the standard abbreviation for payment?

I would say PMNT but that's just me


What is the abbreviation for voucher?

The common abbreviation for "voucher" is "vch." This abbreviation is often used in accounting and financial contexts to refer to a document that serves as proof of a transaction or as a means of payment.


What is the abbreviation for down payment?

Downpayment is TELEGRPHIC TRANSFER or T.T base


What does the PDQ payment machine abbreviation mean?

pretty d*mn quick!


What does OP abbreviation mean on a bank statement?

The abbreviation OP that is seen on bank statements stands for originator plus. The abbreviation OP is typically used to describe a direct debit payment.


What is abbreviation for the word cumulative?

The abbreviation for cumulative is cum. Cumulative is defined as an arrangement in which a payment not paid is carried over to the following period.


What is opps the abbreviation for?

(OPPS) outpatient prospective payment systems


What does "CC" mean in payment transactions?

"CC" in payment transactions stands for "Credit Card." It is a common abbreviation used to indicate that a transaction was made using a credit card as the payment method.