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What is the difference between a regular payment and a principal payment?
A regular payment is a set amount of money paid at regular intervals, typically to cover interest and a portion of the principal balance. A principal payment is a payment made specifically to reduce the outstanding balance of the loan or debt.
How is interest paid on CDs?
Interest on CDs is paid based on the fixed interest rate agreed upon when the CD is purchased. The interest is typically paid out at regular intervals, such as monthly or annually, and is added to the principal amount in the account.
What is credit is a pecuniary contract?
credit as a pecuniary contract means the credit is always expressed in terms of money. when you buy goods on credit from a retail store or borrow money from a bank or any financing institution, it is understood that such obligation shall be paid in money.
How are directors paid?
Directors of a company are usually paid based on the contract that they signed with the company.
What is a sum of money paid by a borrower on a loan?
A sum of money paid by a borrower on a loan is typically referred to as a "repayment" or "installment." This amount usually includes both principal and interest, and it is paid back to the lender over a specified period according to the terms of the loan agreement. Regular payments help reduce the outstanding balance of the loan until it is fully paid off.
A wage is a specific amount of money paid per?
Wages can be paid as often as the employer wishes, but they are almost always paid over regular intervals. Wages are commonly paid weekly, biweekly, monthly or semimonthly.
What is a sum of money paid yearly called?
A sum of money paid yearly is called an "annuity." It often refers to a fixed amount paid at regular intervals, typically used in contexts like retirement plans or insurance contracts. Annuities can provide individuals with a steady income over time.
What is the term used for a specific sum of money paid out at specific time Intervals?
What is the term used for a specific sum of money paid out at specific time Intervals ?Options : (A) Tax(B) Fee(C) Charity(D) Installment
Does Vanna White get paid for vowels?
No she does not. She has a contract and is paid according to the contract. The money paid for vowels does not go to anyone and only comes off the contestants money total they will receive for correctly solving the puzzle
What is the difference between a regular payment and a principal payment?
A regular payment is a set amount of money paid at regular intervals, typically to cover interest and a portion of the principal balance. A principal payment is a payment made specifically to reduce the outstanding balance of the loan or debt.
What is the term used for a specific sum of money paid at specific intervals?
D - Installment
What is the term used fora specific sum of money paid out at specific Intervals?
Installment
How much are baseball pros paid if their team wins a game?
They get nothing different for winning or losing during the regular season. But their motivation for winning is that they may make less money in the future if they are to get a new contract. In the post season. The players don't get paid at all unless it has been placed in their contract.
Does money get returned if a contract is null and void after full payment has been made?
Yes, in general, if money is paid under a void contract it must be returned. For example, if a minor voids an optional contract for which money has been paid to a minor, the money must be returned to the minor. The minor may be required to return anything of value received under the voided contract.
When a sports played signs a 10 million dollar contract how is this money paid out?
They get paid for each game they play.
What are salaries?
Money paid to people for regular work or services
An amount of money paid to get a regular supply of a magazine?
subscription
