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Regular payments are typically referred to as "recurring payments" or "automated payments." These payments occur at set intervals, such as weekly, monthly, or annually, and are commonly used for subscriptions, loans, or utility bills. Recurring payments can be automatically deducted from a bank account or charged to a credit card, providing convenience for both consumers and service providers.
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A regular payment made to a person after they retire?
A regular payment made to a person after they retire is called a pension
What is the regular payment made to a person after he or she retires?
Social security
The idea of making a small down payment for an item and making regular payments on it is called the .?
Installment plan
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.
A regular payment to someone who has retired?
pension
A regular payment made to a person after they retire?
A regular payment made to a person after they retire is called a pension
What is the regular payment made to a person after he or she retires?
Social security
What is a regular repayment to reduce debt called?
payment greater than minimum due
When a borrower makes a regular monthly payment to their primary mortgage the amount of the payment that is applied by the lender to reduce the outstanding balance is called what?
PRINCIPAL :)
The idea of making a small down payment for an item and making regular payments on it is called the?
Installment plan
The idea of making a small down payment for an item and making regular payments on it is called the .?
Installment plan
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 a regular payment after someone retired called?
A regular payment received after retirement is commonly referred to as a pension. This payment is typically provided by an employer or a government program and is intended to support individuals financially during their retirement years. Additionally, retirees may also receive Social Security benefits, which serve a similar purpose.
What regular payment made to a person after he or she rotires?
A regular payment made to a person after they retire is called a pension. This is typically based on the individual's salary and years of service with their employer. It is a form of financial support during retirement.
What is a regular payment made to a person after he or she retires. Change the first letter.?
A regular payment made to a person after retirement is called a "pension." If we change the first letter, it becomes "dension," which is not a recognized term. However, the concept of a pension remains important for ensuring financial stability in retirement.
What is a 7 letter word for a regular payment made to a person after they retire?
retirement payment
A regular payment to someone who has retired?
pension
