0
Payment made for the use of borrowed money is called interest. Interest expense is shown on an income statement as a non-operating expense.
Wiki User
∙ 10y ago
Add your answer:
Earn +20 pts
A regular payment made to a person after they retire?
A regular payment made to a person after they retire is called a pension
What is the regular payment made to a person after he or she retires?
Social security
Which payment system is known as plastic money?
Credit cards and debit cards fall under this payment system. The term 'plastic money' comes from the fact that these cards are made of plastic and they function as cash substitutes in financial transactions.
What does monthly periodic payment means?
a monthly periodic payment is a payment made each month at a specific time each month. This can either be a payment made to an individual such as an annuity payment, or a payment made from an individual such as a loan payment.
How Much Money Did You Borrowed From Her?
As we do not know who she is and were not present when you made the arrangement, we can not answer this question for you. However, if you are unsure of the amount then you must rely on her recollection of the arrangement and pay back what she asks.
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 payment made by a company to its shareholders called?
A payment made by a company to its shareholders is called a dividend.
What is an annual payment called?
A fixed payment which is made annually is called an annuity.
What is money taken from pay and put into a pension fund called?
superannuation - Regular payment made into a fund by an employee toward a future pension.
A regular payment made to a person after they retire?
A regular payment made to a person after they retire is called a pension
Can a payment be made during a repossession?
No. They're not there to collect money, they are there to reposess.
What is a Taylor made payment structures?
Could you mean "Tailor Made Payment Structure"? that would jsu be someones hyperble meaning that they customize a payment plan to fit the purchase or the money available.
Which of these could be an example of a money payment made to households by government?
taxes
Camera cost 1138.00 you made a 25 percent down payment and borrowed the rest repaid the loan in 18 payments of 51.60 each how much was the interest charge on what you borrowed?
If you figures are correct you did not pay any interest you did not even repay all the capital.
If an ex partner whom borrowed money have the right to claim their goods to the value back before repayment have been made?
no
Do you need proof of payment in order to get your money back from someone in a court of law?
Yes, proof of payment is crucial in a court of law to establish that a payment was made. It helps to demonstrate that there was a transaction between the parties involved and strengthens the claim of seeking money back. Without it, it may be challenging to substantiate the case and demonstrate that a payment was indeed made.
Made a payment with moneygram moneyorder how do you know they cashed it?
Call the number on the back of your money order receipt.
