0
What else can I help you with?
What is Payment made for the use of borrowed money called?
Payment made for the use of borrowed money is called interest. Interest expense is shown on an income statement as a non-operating expense.
What does pay mean on your Halifax bank statement?
Well, hello there, friend! "Pay" on your Halifax bank statement simply means the amount of money that has been taken out of your account for a particular transaction. It could be a payment you made for a bill, a purchase you made with your card, or even a transfer to another account. It's just the way your bank shows you where your money is going. Just remember, it's all part of the beautiful tapestry of managing your finances.
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 does monthly periodic payment means?
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.
Which payment system is known as plastic money?
Credit cards and debit cards fall under this payment system. The term 'plastic money' comes from the fact that these cards are made of plastic and they function as cash substitutes in financial transactions.
What is Payment made for the use of borrowed money called?
Payment made for the use of borrowed money is called interest. Interest expense is shown on an income statement as a non-operating expense.
Can a payment be made during a repossession?
No. They're not there to collect money, they are there to reposess.
What is a Taylor made payment structures?
Could you mean "Tailor Made Payment Structure"? that would jsu be someones hyperble meaning that they customize a payment plan to fit the purchase or the money available.
What is the payment for the use of borrowed money?
Payment made for the use of borrowed money is called interest. Interest expense is shown on an income statement as a non-operating expense.
What does In kind?
This usually refers to payments, the payment is made by non-monetary means, as a form of exchange.
Which of these could be an example of a money payment made to households by government?
taxes
What does 'in kind' mean?
This usually refers to payments, the payment is made by non-monetary means, as a form of exchange.
Made a payment with moneygram moneyorder how do you know they cashed it?
Call the number on the back of your money order receipt.
What is a collection situatoin?
A collection situation refers to the process of pursuing payment from a customer who has not made a payment as per the agreed terms. It typically involves contacting the customer to remind them of the outstanding payment and working to secure the funds owed.
Do you need proof of payment in order to get your money back from someone in a court of law?
Yes, proof of payment is crucial in a court of law to establish that a payment was made. It helps to demonstrate that there was a transaction between the parties involved and strengthens the claim of seeking money back. Without it, it may be challenging to substantiate the case and demonstrate that a payment was indeed made.
What does pay mean on your Halifax bank statement?
Well, hello there, friend! "Pay" on your Halifax bank statement simply means the amount of money that has been taken out of your account for a particular transaction. It could be a payment you made for a bill, a purchase you made with your card, or even a transfer to another account. It's just the way your bank shows you where your money is going. Just remember, it's all part of the beautiful tapestry of managing your finances.
What do you get your dad if you have no money?
You get him something home made or ask someone to lend you money
