payment method

payment method
manner in which something is paid (cash, check, etc.)

English contemporary dictionary. 2014.

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  • Payment method —   The way the ordering party settles a payment order …   International financial encyclopaedia

  • Payment method for utilities —   The method by which fuel suppliers or utility companies are paid for all electricity, natural gas, fuel oil, kerosene, or liquefied petroleum gas used by a household. Households that pay the utility company directly are classified as all paid… …   Energy terms

  • method — meth‧od [ˈmeθəd] noun [countable] a planned way of doing something, especially one that a lot of people use: method of • It is best to consider all methods of figuring your annual income tax before deciding on any one option. method for • A buy… …   Financial and business terms

  • classic payment method — With this method, a coupon security is distributed at account level on the Single Platform, generally (but not always) on the payment date of the cash distribution. The distribution is based on each holder s position on the record date.… …   Financial and business terms

  • direct payment method — With this method, the system paying agent ( SPA) distributes cash proceeds directly to the holders on the payment date based on the holders position in the underlying security at close of business on the record date. Euroclear Clearing and… …   Financial and business terms

  • classic payment method — With this method, a coupon security is distributed at account level on the Single Platform, generally (but not always) on the payment date of the cash distribution. The distribution is based on each holder s position on the record date.… …   Euroclear glossary

  • direct payment method — With this method, the system paying agent (SPA) distributes cash proceeds directly to the holders on the payment date based on the holders position in the underlying security at close of business on the record date …   Euroclear glossary

  • payment mechanism — method used for making payments …   English contemporary dictionary

  • Payment — A payment is the transfer of wealth from one party (such as a person or company) to another. A payment is usually made in exchange for the provision of goods, services or both, or to fulfill a legal obligation. The simplest and oldest form of… …   Wikipedia

  • payment — noun 1 paying/being paid ADJECTIVE ▪ immediate (esp. BrE), prompt ▪ late ▪ penalties for late payment of tax ▪ early (esp. BrE) ▪ …   Collocations dictionary

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