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| This dictionary contains: 24549 financial terms |
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Payee
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PayeeA person receiving payment through any form of money transfer method.
RELATED TERMS--------------------------------------
Payment
The amount required to repay a loan, including interest and fees.
Money
A means of payment, especially coins and banknotes, although some definitions also include bank deposits, checks, etc.
Transfer
A change of ownership from one person or party to another.
SIMILAR TERMS--------------------------------------
Payer
The person making a payment to a payee.
PREVIOUS AND NEXT TERMS--------------------------------------
Payable through drafts
A method of making payment that is used to maintain control over payments made on behalf of the firm by personnel in noncentral locations.
Payback
The length of time it takes to recover the initial cost of a project, without regard to the time value of money.
Payback period
The length of time required to recover the cost of an investment.
Paydown
In a Treasury refunding, the amount by which the par value of the securities maturing exceeds that of those sold. In the context of general equities, paying a lower price in an accumulation of stock.
Paydown factor
The portion of cash subtracted each month from the principal of a mortgage security divided by the original principal of the security.
Payee
Payer
The person making a payment to a payee.
Paying agent
An agent who makes principal and interest payments to bondholders on behalf of the issuer.
Payment
The amount required to repay a loan, including interest and fees.
Payment date
The date on which shareholders of record will be sent a check for the declared dividend.
Payment float
Company-written checks that have not yet cleared.
RELATED TERMS--------------------------------------
Payment
The amount required to repay a loan, including interest and fees.
Money
A means of payment, especially coins and banknotes, although some definitions also include bank deposits, checks, etc.
Transfer
A change of ownership from one person or party to another.
SIMILAR TERMS--------------------------------------
Payer
The person making a payment to a payee.
PREVIOUS AND NEXT TERMS--------------------------------------
Payable through drafts
A method of making payment that is used to maintain control over payments made on behalf of the firm by personnel in noncentral locations.
Payback
The length of time it takes to recover the initial cost of a project, without regard to the time value of money.
Payback period
The length of time required to recover the cost of an investment.
Paydown
In a Treasury refunding, the amount by which the par value of the securities maturing exceeds that of those sold. In the context of general equities, paying a lower price in an accumulation of stock.
Paydown factor
The portion of cash subtracted each month from the principal of a mortgage security divided by the original principal of the security.
Payee
Payer
The person making a payment to a payee.
Paying agent
An agent who makes principal and interest payments to bondholders on behalf of the issuer.
Payment
The amount required to repay a loan, including interest and fees.
Payment date
The date on which shareholders of record will be sent a check for the declared dividend.
Payment float
Company-written checks that have not yet cleared.
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This dictionary contains 24549 terms.
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