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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 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 is a person who lends money or the use of goods and services for payment at a later date?
A person who lends money is called a money lender or a Creditor. A person who lends the use of goods and services is called a Renter or a Seller.
What is money collected from or owed by customers called?
payment
This is a direct money payment to the unemployed in World War 2?
A direct money payment to the unemployed during WWII was called relief.
What is a piece of paper that orders a payment of money called?
a bill
Can you tape money and still use it as a form of payment?
No, taping money is not a valid form of payment as it can damage the currency and make it unusable.
What do you call the money given to settle a debt?
The money given to settle a debt is called a payment.
What is the money earn from work called?
It is called your payment. Or the very formal term your salary but that depends on the consistent payment. Rather go with payment.
What is the payment people receive when they lend money or allow someone else to use their money?
Intrest
If someone works and doesn't accept payment what are they called?
people who work, without wanting money, are called volunteers.
What is the homphone for payment of money?
A homophone that means to bring a stop, payment of money
