Search results for: “pay as you go”
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Balance of Payments
Financial Definition of Balance Of Payments Meaning of Balance Of Payments A statistical compilation formulated by a sovereign nation of all economic transactions between residents of that nation and residents of all other nations during a […]
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Advance payment
Advance Payment is a Trading method in which the buyer pays for the goods before they are sent out , method is used when buyer is of unknown credit worthiness. It is applicable in International or domestic trade….
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Taxpayer
Legal Definition and Related Resources of Taxpayer Meaning of Taxpayer while the term may be defined by statutes such as those regulating sales and use taxes, generally the term denotes a person chargeable with a tax, or who, owning property in the […]
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Taxpayer
Legal Definition and Related Resources of Taxpayer Meaning of Taxpayer while the term may be defined by statutes such as those regulating sales and use taxes, generally the term denotes a person chargeable with a tax, or who, owning property in the […]
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Payment
The transfer of money from one person to another with the assent of both parties . A transfer made without such assent will not constitute payment. The term also denotes the delivery to and the acceptance by a creditor of any other valuable thing in reduction or […]
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Negotiable Instrument
Any written security such as a promissory note , a check , a draft or other bill of exchange which may be transferred by endorsement and delivery or by delivery only so as to vest title in the person who acquires the same in good faith and for value and which enables the […]
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Gold Standard
An international monetary system in which currencies are defined in terms of their gold content and payment imbalances between countries are settled in gold. It was in effect from about 1870-1914….
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Pay
A fixed and definite amount given as compensation for services. To discharge a debt by money. However, the term may also mean the delivery and discharge of a debt or other obligation or goods, as when a testator in a will directs that the residue of his estate be divided in equal shares among […]
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Good
Valid ; sound ; sufficient in law; solvent.
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Good
Valid ; sound ; sufficient in law; solvent.
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Good Faith
Legal Definition and Related Resources of Good Faith Meaning of Good Faith In its traditional sense good faith denotes a moral quality ; it is equated with honesty of purpose, freedom from fraudulent intent, faithfulness to duty or obligation . […]