An amount that needs to be paid after a certain number of days.

An amount that must be paid at any time, without an notice.

Used in place of a standard check, this is an instrument of payment that is given to the payee, allowing him to gain more control over the disbursement process of […]

the phrase that means that the person who has a cheque or instrument for payment is the person to be paid.

a term that is used when referring to the designation of an impersonal payee when a bearer instrument is created.

a phrase that is used in referring to a promissory note that is endorsed in blank by the maker and creates a document that is payable to the bearer.

phrase that is used to refer to a bill that is to be paid to whoever presents it. It is poayable to the bearer.

Dividends or interest payments that must be issued to the owners of stock.

A sum of money that is owed by a lender, creditor, government, or employee. Shown as a liability in the balance sheet of the firm.

A ratio written as weeks of inventory purchases that are unpaid. Dependent upon the terms of credit provided by the suppliers, as well as the payment policies that have been […]

A ratio written as weeks of operating expenses in terms of the accounts payable at the end of accounting period . It is usually dependent upon the time it would […]

The turnover ratio determining whether the company the company repays its supppliers quicker or slower than before.

The money received by a company once it has completed a project after a certain period of time. Recognized as income earned till full payment has been received.

Method of evaluating the period of time it would take for the company to get the amount of return equivalent ot its initial investment. Usually, pay back periods should be […]

The amount of time it takes to pay back investments. The investment repayment takes the form of cash flows over the life of the asset. A discount rate can be […]

A type of vacation in which an individual works, through telecommunication techniques in order to earn extra income. Paycations are common for freelancers, or for those willing to do over […]

Salary given to an employee in return for his work done, usually in the form of an express check or deposition in his account.

A common phrase which depicts that anindividual must pay off all financial obligations with his present earnings from the current pay cycle, till th enext. Those who live a ‘pay […]

The day on which an employee receives his salary. Might be quarterly, weekly or monthly.

A small loan provided by companies, or pawn shops at significantly high rates of interest, which must be paid back at the next payday. Known also as a payday loan […]

Providers who give payday loans, at high interest rates and fees.

A small loan which is provided by pawn shops, and certain individuals or online websites. The loan amounts are usually pretty small, and depend upon how much the borrower will […]

In mercantile law . The person in whose favor a bill of exchange , promissory note , or check is made or drawn; the person to whom or to whose […]

The party who makes the payment. Known as a writer too.

Known as a payor bank, any bank which can draw or accept a bill of exchange is a payer bank.