A regular payment made to a person after they retire is called a pension
Payment made for the use of borrowed money is called interest. Interest expense is shown on an income statement as a non-operating expense.
Social security
An insurance payment made by the policyholder is called a premium. This payment is typically made on a regular basis, such as monthly or annually, in exchange for coverage provided by the insurance policy. The amount of the premium can vary based on factors like the type of insurance, coverage limits, and the policyholder's risk profile.
a monthly periodic payment is a payment made each month at a specific time each month. This can either be a payment made to an individual such as an annuity payment, or a payment made from an individual such as a loan payment.
A payment made by a company to its shareholders is called a dividend.
A fixed payment which is made annually is called an annuity.
A car has been impounded , can the car be return to owner if a payment arrangement is made with parking authorities.
If the payment is for a per use basis then it would be called a royalty. If it is a flat rate then it would be a licensing fee.
A regular payment made to a person after they retire is called a pension
Debit drawings accountCredit cash
The mortgage payments must be made or the lender will foreclose the mortgage.
Yes, until the repo order is canceled by the owner.
Payment made for the use of borrowed money is called interest. Interest expense is shown on an income statement as a non-operating expense.
Repossession is when something is returned to its original owner. An example would be when a car payment is not made, and the owner of the car's title repossesses (takes back) the car.
Generally, no. The owner of the car must be the one on the insurance policy. In the case of a claim, the payment will be made to the owner and any lawsuit for damages will be filed against the owner. However, state laws vary and you should check the laws in your jurisdiction by calling a local car insurance agency or the DMV.Generally, no. The owner of the car must be the one on the insurance policy. In the case of a claim, the payment will be made to the owner and any lawsuit for damages will be filed against the owner. However, state laws vary and you should check the laws in your jurisdiction by calling a local car insurance agency or the DMV.Generally, no. The owner of the car must be the one on the insurance policy. In the case of a claim, the payment will be made to the owner and any lawsuit for damages will be filed against the owner. However, state laws vary and you should check the laws in your jurisdiction by calling a local car insurance agency or the DMV.Generally, no. The owner of the car must be the one on the insurance policy. In the case of a claim, the payment will be made to the owner and any lawsuit for damages will be filed against the owner. However, state laws vary and you should check the laws in your jurisdiction by calling a local car insurance agency or the DMV.
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